News

Fed holds interest rates steady, Chair Powell says Fed independence 'very important'
The central bank has defied Trump’s public criticism for months. The Fed has held interest rates steady for seven consecutive ...
Fed’s Powell sticks with patient approach to rate cuts, brushing off Trump’s demands
The chair acknowledged that if the Fed cut its rate too soon, inflation could move higher, and if it cut too late, then the ...
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 blasts ‘Too Late’ Powell
President Donald Trump resumed his criticism of Federal Reserve Chair Jerome Powell after the central bank declined to cut interest rates, ending a short-lived détente.
Watch: Fed Chair Powell answers questions on rate decision, central bank discord and Trump pressure
The central bank is expected to keep its target rate at a range of 4.25% to 4.50%, but traders want to see whether any Fed ...
Fed leaves interest rates unchanged amid Trump pressure. 2 governors dissent.
The Federal Reserve left its key interest rate unchanged at 4.25% to 4.5% and offered no clues on whether it will resume its rate cuts in September.
Economists: Federal Reserve unlikely to drop interest rates
The Federal Reserve will release its interest rates decision Wednesday, but it's unlikely to cut rates. Trump has lobbied ...