News

Editorial: The Fed was right to say no on interest rates
For the moment, demand is adequate and unemployment is low. This makes the White House’s view — that tight money is ...
Fed holds interest rates steady, Chair Powell says Fed independence 'very important'
The Federal Reserve held interest rates steady on Wednesday, just days after President Donald Trump made an unusual visit to ...
Markets now betting Fed will cut rates in September after disappointing jobs report
The probability of a Federal Reserve rate cut in September jumped dramatically following weak employment data, with market ...
Powell Cites Inflation Risk as Fed Holds Interest Rates Steady
Federal Reserve Chair Jerome Powell said interest rates are in the right place to manage continued uncertainty around tariffs ...
Fed Decides Against Interest Rate Cut—But Powell Faces First Double Dissent In Decades
Bank of America indicated in a note that Powell would be in “no hurry” to cut rates in June, though disagreements among Fed ...
Did the Fed cut interest rates Wednesday? No, but here's when they might
Interest rates for credit cards to mortgages have jumped since the Fed began fighting inflation in 2022. Here's where experts ...
Trump urgently wants Jerome Powell to cut interest rates. That won't happen today, economists say.
President Trump has pressured Fed Chair Jerome Powell to lower interest rates. Here's what the experts think will happen at ...
Will Powell and the Fed cut rates in response to Trump's pressure?
The Federal Reserve holds its latest interest rate meeting this week, with policymakers expecting rates to be left unchanged ...
Fed Won't Budge on Interest Rate Cut Despite Trump's Demand for Mortgage Relief
As was widely expected, Fed policymakers on Wednesday left the central bank's overnight rate unchanged at a range of 4.25% to ...
Fed keeps rates unchanged — but two vote against Powell’s ‘wait-and-see’ approach
The central bank’s policy-setting Federal Open Market Committee maintained the benchmark rate between 4.25% and 4.5%, where ...
Labor department’s data upset may have sealed the deal for a Fed interest rate cut
Until Friday, analysts had little confidence that the U.S. Federal Reserve was about to deliver an interest rate cut, but ...