News

Fed Chair Warns Trump Interest Rate Decisions Will Be 'Non-Political' in White House Showdown
Federal Reserve Chair Jerome Powell met with President Donald Trump on Thursday in an extraordinary White House meeting.
Fed likely to leave rates unchanged as US job market cools but doesn't crumble
Federal Reserve policymakers have already signaled they are in no rush to cut interest rates, and a government report on ...
Fed ‘Well Positioned’ to Wait on Rate Cuts Even as Economic Risks Rise, Minutes Show
Officials at the Federal Reserve have adopted a wait-and-see approach to policy moves amid extreme uncertainty about the ...
Europe cuts interest rates again, day after Trump renews attacks on the Fed
The European Central Bank on Thursday cut its main interest rate again, citing falling inflation.
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Mortgage Predictions for June: Why High Interest Rates Won't Budge This Summer
Despite concerns over a potential recession and pressure from the White House, the Fed won't lower interest rates this summer ...
ECB Cuts Rates for Eighth Time, Widening Gap With Fed
FRANKFURT—The European Central Bank reduced its key interest rate to the lowest level since early 2023, and signaled it is ...
Chicago Fed chief: Iowa, with its manufacturing and ag jobs, highly affected by tariffs
The head of the Chicago Federal Reserve says tariffs cast uncertainty over Iowa's economy due to its reliance on agriculture ...