News

Fed Decides Against Interest Rate Cut—But Powell Faces First Double Dissent In Decades

Bank of America indicated in a note that Powell would be in “no hurry” to cut rates in June, though disagreements among Fed ...

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 ...

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 ...

The Fed Was Right to Say No on Interest Rates

In other words, there was no urgency to alter course. At the Fed’s next policy meeting, six weeks from now, things should be ...

Powell Cites Inflation Risk as Fed Holds Interest Rates Steady

Federal Reserve Chair Jerome Powell said interest rates are in the right place to manage continued uncertainty around tariffs ...

The Fed’s foolish interest rate policy is stopping America’s economy from booming

Federal Reserve keeps interest rates high despite rise in unemployment and economic concerns. Decision unnecessarily ...

Fed keeps rates unchanged — but two vote against Powell’s ‘wait-and-see’ approach

The central bank’s policy-setting Federal Open Market Committee maintained the benchmark rate between 4.25% and 4.5%, where ...

Will Powell and the Fed cut rates in response to Trump's pressure?

The Federal Reserve holds its latest interest rate meeting this week, with policymakers expecting rates to be left unchanged ...

Trump urgently wants Jerome Powell to cut interest rates. That won't happen today, economists say.

President Trump has pressured Fed Chair Jerome Powell to lower interest rates. Here's what the experts think will happen at ...

Trump calls Fed Chair Powell a 'knucklehead,' says interest rates should be below 1%

President Donald Trump renewed his criticism of Federal Reserve policy under Jerome Powell, calling the chair a "knucklehead" and advocating for interest rates to be at less than 1%.

Powell says Fed does not consider government interest rate costs in policy debate

U.S. Federal Reserve Chair Jerome Powell on Wednesday said there is no place for the central bank to consider government ...