News

Powell didn’t just refuse to deliver a rate cut—he also hinted a raise could have been on the cards
Powell put a cat among the pigeons by suggesting he was minded to "look through" tariff-induced inflation by not increasing ...
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 ...
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 ...
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.
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 ...
Powell's cautious tone scrambled the market's expectations for rate cuts in September
Investors trimmed their expectations that the Fed will cut rates in September after Powell struck a cautious tone in remarks ...
Markets Retreat, Media & Tech Stocks Mixed As Fed Dials Back Hopes For September Interest Rate Cut
Stocks reversed gains late in the session Wednesday as the Fed's Jerome Powell said no decisions made on a September interest ...
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.