News

Federal Reserve holds its benchmark rate steady at today's FOMC meeting
The Fed is maintaining its benchmark interest rate in the range of 4.25% to 4.5%, where it's been parked since December.
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 ...
Fed Holds Rates Despite Internal Divisions and Political Pressure
Federal Reserve officials left interest rates unchanged, despite rare dissent among policymakers. Fed Chair Jerome Powell ...
Waiting for a Fed rate cut? Chair Powell offered few signals of one, economists say
Nothing tariffs are starting to push up prices, Powell said the Fed is already “looking through” goods inflation by not ...
Fed’s Powell sticks with patient approach to rate cuts, brushing off Trump’s demands
The Federal Reserve is leaving its key short-term interest rate unchanged for the fifth time this year, brushing off repeated ...
Weakening US jobs market hits center of Fed rate policy debate
Surprisingly weak July hiring data released on Friday highlighted a fractious Federal Reserve debate over whether the central ...
Fed leaves short-term rates the same but it doesn't mean all rates aren't budging
The Federal Reserve keeps short-term rates the same in July, holding rates as is for the fifth meeting in a row. What's next ...
Shockingly bad jobs report reveals a monthslong stall and may trigger Fed rate cuts soon. ‘Powell is going to regret holding rates steady’
That may prompt the Federal Reserve to lower rates sooner rather than later, which President Donald Trump has been demanding ...