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Fed leaves interest rates unchanged amid Trump pressure. 2 governors dissent.
The Federal Reserve left its key interest rate unchanged at 4.25% to 4.5% and offered no clues on whether it will resume its rate cuts in September.
Fed rates unchanged: Here's how S&P 500, Wall Street, Nasdaq, Dow Jones reacted to Jerome Powell's announcement
The S&P 500 edged up 0.2% on Wednesday after the Federal Reserve kept interest rates unchanged, as anticipated. The Nasdaq ...
Mortgage Rates Dropped Ahead of This Week's Fed Meeting—But the Link May Be Weaker Than You Think
Mortgage rates have dropped, but it's not likely tied to the latest Fed news. Here’s why waiting for a Fed rate cut could be ...
Bessent compiling Fed chair candidates, expects announcement by year-end
U.S. Treasury Secretary Scott Bessent said Thursday he is assembling a list of potential candidates to lead the Federal Reserve, with an announcement expected before the end of 2025.
Treasury Borrowing Plan Announcement: What to Watch For
Hours before the Federal Reserve announces its interest-rate decision on Wednesday, the Treasury Department will release its ...
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Federal Reserve holds firm against Trump's pressure with latest announcement
The Federal Reserve on Wednesday again kept interest rates unchanged, defying strong political pressure from President Donald ...
The Federal Reserve’s power: Congress giveth and Congress can taketh away
"Don't forget, our Federal Reserve is not at all a part of our Constitution. It's a creature of the U.S. Congress, created by ...
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Federal Reserve signals it will raise key interest rate in March
The Federal Reserve signaled Wednesday that it plans to raise its benchmark interest rate as soon as March. Historically low interest rates led to increased growth amid the COVID-19 recession, but ...
US Treasury chief says he expects Fed chair announcement by year's end
U.S. Treasury Secretary Scott Bessent said on Thursday he is pulling together a list of potential candidates to lead the U.S.