Market watchers predict the Fed may be forced to cut rates soon to avoid a financial crisis
The announcement came after a meeting of the central bank’s governing body
The Fed chairman told a South Carolina Republican that the central bank will maintain its independence despite recent jabs from the president
The Fed help off on hiking rates at its last meeting - but minutes from that meeting indicate that another rate hike may be on the way soon
A large proportion of loans Wells Fargo sold prior to the financial crisis didn't meet the bank’s own quality standards, authorities say
The Federal Reserve announced the decision after a meeting of its board of governors
Fed Chair Jerome Powell says that the economy justifies further rate increases this year