News

Federal Reserve holding interest rates steady delays relief for consumers this summer
Recession worries are building once again, as some consumers fear the prospects of higher prices and continued high interest ...
Fed's Bowman supports a rate cut 'as soon' as July, citing reduced inflation risks
Federal Reserve governor Michelle Bowman supports a rate cut 'as soon' as July, highlighting the growing division within the ...
Fed Holds Interest Rates Steady After Trump Ripped Powell for Inaction
Fed policymakers left the central bank's overnight rate unchanged at a range of 4.25% to 4.5%, where it has remained since ...
Federal Reserve holds its benchmark interest rate steady at today's FOMC meeting
The Federal Reserve said Wednesday it will maintain the benchmark interest rate at its current range of 4.25% to 4.5% ...
Trump insults Powell again as another top Fed official joins the call to lower interest rates
President Donald Trump on Friday again demanded the Federal Reserve lower interest rates, insulting Fed Chair Jerome Powell ...
Fed holds interest rates steady: What that means for your credit cards, auto loans, mortgage and more
The Fed’s decision to hold rates steady still has far-reaching implications for almost all forms of borrowing as well as the ...
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Hot Summer Savings Move: Open a CD While Interest Rates Are High
If you think you'll need access to your money, a high-yield savings account could be a better fit. Most CDs impose a penalty ...
Trump appointee at Fed doubts tariffs will fuel inflation and aligns himself with president’s vocal backing for interest-rate cuts
Are worries about inflation caused by President Donald Trump’s tariffs on imported goods overblown? Federal Reserve governor ...