News

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 ...
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 ...
Trump ramps up pressure on the Fed to slash rates to 1% — but would that be risky for US jobs, savings and investments?
Despite President Trump ramping up pressure on Federal Reserve Chair Jerome Powell to cut interest rates, the Fed held rates ...
A vacancy on the Fed is opening early as Trump urges board to ‘assume control’ if Powell doesn’t cut rates
In the press conference following the Fed’s decision to keep rates unchanged, Powell hesitated to guide toward a rate in the ...
'Too late Powell': Trump calls out Fed chief on interest rates; demands Jerome to step down after Kugler exits
Donald Trump has called on Federal Reserve chair Jerome Powell to resign, intensifying his attacks on the central bank’s ...
Trump says he ‘most likely’ won’t axe Powell
President Trump, who has waffled back-and-forth in recent weeks over whether he would move to oust Federal Reserve Chair Jerome Powell, signaled Friday that the move was unlikely. In an interview ...
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 ...
Weak Jobs Report Raises Chances of a September Interest Rate Cut
The Federal Reserve held rates steady in July but two governors dissented, saying they had concerns about labor market ...
Powell didn’t just refuse to deliver a rate cut—he also hinted a raise could have been on the cards
Powell put a cat among the pigeons by suggesting he was minded to "look through" tariff-induced inflation by not increasing ...