News

Fed Holds Rates Steady Amid Political Pressure
Despite mounting pressure from President Trump to cut rates, the FOMC voted yesterday to hold the target range for its policy ...
Fed holds interest rates steady, Chair Powell says Fed independence 'very important'
The central bank has defied Trump’s public criticism for months. The Fed has held interest rates steady for seven consecutive ...
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, ...
Fed Keeps Rates Steady Despite Internal Divisions and Political Pressure
The central bank kept interest rates steady for a fifth straight meeting, despite badgering from President Trump. It has ...
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 ...
White House advisor clashes with Fed on mortgage rates, housing market
The Fed's decision to hold interest rates has drawn loud criticism from members of the Trump administration — but the extent ...
Here comes the July jobs report. The unemployment rate is the ‘main number you have to look at now,’ Fed’s Powell says.
The Federal Reserve won’t cut interest rates until it sees how inflation and job creation respond to higher tariffs. The next ...
'TOO ANGRY, TOO STUPID': Trump bashes Fed Chair Powell after central bank leaves interest rates unchanged
President Trump escalated his criticism of Federal Reserve Chairman Jerome Powell a day after the central bank kept rates on ...