News

Fed governor breaks ranks with Powell, signals rate cuts could begin next month
Federal Reserve Governor Waller signaled potential interest rate cuts as early as July, despite the Fed's decision to hold ...
Powell Won’t Say If He’ll Stay On as Fed Chair After Term Ends
Fed officials are widely expected to keep interest rates unchanged today in a range of 4.25% to 4.50%. That’ll be the fourth ...
Fed stands pat on rates: Trump blasts Powell, renews call to lower borrowing costs
Federal Reserve officials expect inflation to worsen in the coming months but they still foresee two interest rate cuts by ...
Fed leaves key rate unchanged as it awaits the impact of tariffs and Trump again scolds Powell
When the Fed reduces its rate, it often — though not always — leads to lower costs for consumer and business borrowing, ...
Fed decision recap: Central bank signals stagflation fears, Powell says Fed ‘well positioned to wait' on rates
Policymakers kept interest rates are their target range of 4.25% to 4.5%, as expected. However, they see higher inflation and ...