News

Fed recap: Powell says no decision on September, must wait to see tariff impact on inflation

The central bank kept its target rate at a range of 4.25% to 4.50%, but two policymakers disagreed with the decision.

Fed holds interest rates steady as two Trump appointees vote to cut them

The central bank has said Trump’s tariffs are making it difficult for it to lower rates, something that would otherwise be ...

The Fed Won’t Cut Rates, but Jerome Powell’s Colleagues Are Getting Restless

Jerome Powell’s authority at the Federal Reserve keeps chipping at the edges.

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 ...

Fed's Powell has stark message on September decision despite Trump's warning

Regarding the interest rate policy in September, Fed's Jerome Powell said the bank doesn't make decisions in advance.

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 ...

The Fed Splits Into Three Camps on Interest Rates. These Are the Dividing Lines.

Federal Reserve officials are split into three camps over what economic evidence they need before resuming interest-rate cuts ...

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 ...

National Economic Council director discusses Fed interest rate decision

White House National Economic Council Director Kevin Hassett joins ‘America Reports’ to break down the latest GDP numbers and ...