News

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 ...

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 ...

The Fed may cut rates later this year. Here’s how to get the most from your cash savings now

Despite unprecedented public needling from President Donald Trump to lower interest rates, the Federal Reserve board stood ...

Mortgage Rates Dropped Ahead of Today's Fed Meeting—But the Link May Be Weaker Than You Think

Mortgage rates have dropped, but it's likely not tied to today’s Fed news. Here’s why waiting for a Fed rate cut could be a ...

Trump tears into Powell as Fed hold rates but says 'I hear' cut coming in September

President Trump once again criticized Fed Chair Jerome Powell on a day when the central bank kept rates steady, but said 'I ...

A Split Fed Holds Interest Rates Steady, Defying Political Pressure

For the first time since 1993, two members of the central bank’s policy committee broke from the pack, but interest rates ...

Fed leaves rates steady despite Trump pressure, gives no hint of September cut

The U.S. central bank held interest rates steady on Wednesday and Federal Reserve Chair Jerome Powell's comments after the ...

Fed leaves short-term rates the same but it doesn't mean all rates aren't budging

The Federal Reserve keeps short-term rates the same in July, holding rates as is for the fifth meeting in a row. What's next ...

Powell stresses 'no decisions' made on September cut as Fed holds rates steady, defying Trump again

The Federal Reserve held interest rates steady Wednesday for the fifth meeting in a row as two Fed governors dissented, ...

Weakening US jobs market hits center of Fed rate policy debate

Surprisingly weak July hiring data released on Friday highlighted a fractious Federal Reserve debate over whether the central ...