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 ...
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 ...
Powell says Fed does not consider government interest rate costs in policy debate
U.S. Federal Reserve Chair Jerome Powell on Wednesday said there is no place for the central bank to consider government ...
Mortgage Interest Rates Today: Mortgage Rates Dip Slightly Even as Fed Holds Steady on Cuts
The average rate on 30-year fixed home loans registered 6.72% for the week ending July 31, down slightly from 6.74% last week ...
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 ...
A vacancy on the Fed is opening early as Trump urges board to ‘assume control’ if Powell doesn’t cut rates
In the press conference following the Fed’s decision to keep rates unchanged, Powell hesitated to guide toward a rate in the ...