For the Fed, this uncertainty makes assessing inflation risk and deciding on rate cuts a formidable challenge. With pressure mounting from both the Federal Reserve and Capitol Hill, Powell and the ...

The Fed’s benchmark interest rate is now in a range of 4.25% to 4.5%. Powell has said that this level of rates is holding down demand. A more “neutral” rate would be in the 3% range, ...

Chances of a Fed rate cut this month cratered after the strong June jobs report. The economy added 147,000 jobs in June, way more than economists expected.

Fed Chair Jerome Powell has come under pressure from President Trump to lower interest rates. AP “Nothing is burning on either side such that it suggests there’s a rush to act,” he said.

Fed rate cut in July? Inside the US central bank, few takers. By Ann Saphir and Howard Schneider. June 26, 2025 8:24 PM UTC Updated June 26, 2025 Item 1 of 2 An eagle tops the U.S ...

Fed Chair Jerome Powell said tariff concerns delayed interest rate cuts, stating the central bank would have likely reduced rates this year if not for potential consumer price hikes.

Is the Federal Reserve suddenly open to cutting U.S. interest rates as early as July? That’s what Wall Street investors want to know when Fed Chair Jerome Powell testifies before Congress this week.

The US Treasury 2-year bond yield, which most closely tracks Fed interest rate expectations, settled at 3.75% on June 24, its lowest close since May 1 and a 65-basis point drop from this year's ...

Putting aside the Fed’s mandates, it’s reasonable to wonder if a Fed rate decrease would save the government lots of money at a time the national debt tops $36 trillion.

Fortunately, the Fed's decision to raise the federal funds rate from 0.13% to 5.33% during the 18-month period between March 2022 and August 2023 successfully cooled the CPI down from its four ...

Fed Appears Divided Over Rate Cuts. ... are now weighing support for a cut at the Fed’s next meeting, reluctance to ease too quickly still prevails on the Fed’s 12-member policy committee.

The rate of inflation, using the Fed's preferred personal-consumption expenditures, or PCE, index, is forecast to come in at 2.3% in the 12 months ended in June.