News

A top Federal Reserve official says dour jobs data backs the case for 3 rate cuts
A top official at the Federal Reserve is saying that this month's stunning, weaker-than-expected report on the U.S. job ...
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 ...
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 ...
JPMorgan predicts Fed will cut rates in September — and four total times this year
The bank expects a quarter-point cut when the Fed next meets, followed by three more cuts of the same size at later meetings.
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 ...
The Fed Was Right to Say No on Interest Rates
In other words, there was no urgency to alter course. At the Fed’s next policy meeting, six weeks from now, things should be ...
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 ...
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 ...
The Fed’s foolish interest rate policy is stopping America’s economy from booming
Federal Reserve keeps interest rates high despite rise in unemployment and economic concerns. Decision unnecessarily ...
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 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 ...