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 ...
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 ...
Fed Governor Kugler is resigning, giving Trump a nominee on committee that sets interest rates
Her resignation now paves the way for Trump to put his own nominee in for the Board of Governors. Two of his prior ...
Federal Reserve leaves interest rates unchanged despite pressure from Trump
The Federal Reserve left its benchmark interest rate unchanged for the fifth straight meeting Wednesday amid tremendous ...
Weakening US jobs market hits center of Fed rate policy debate
Surprisingly weak July hiring data released on Friday highlighted a fractious Federal Reserve debate over whether the central ...
Fed’s Powell sticks with patient approach to rate cuts, brushing off Trump’s demands
The Federal Reserve is leaving its key short-term interest rate unchanged for the fifth time this year, brushing off repeated ...
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 ...
Fed leaves rates steady despite Trump pressure, gives no hint of September cut
The U.S. central bank held interest rates steady on Wednesday and Federal Reserve Chair Jerome Powell's comments after the ...
Trump Will Remake the Fed. Lower Rates Are Just the Start.
President Donald Trump wants the Federal Reserve to cut interest rates by a lot, quickly. He will get that, and probably much ...
Is credit card debt forgiveness still worth it with interest rates paused?
Fed rates stayed put in July, but does that change the route you should take to deal with your credit card debt?