News

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 ...

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 ...

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 ...

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 ...

Fed Won't Budge on Interest Rate Cut Despite Trump's Demand for Mortgage Relief

As was widely expected, Fed policymakers on Wednesday left the central bank's overnight rate unchanged at a range of 4.25% 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 ...

Global stock index dips, dollar climbs as Fed's Powell holds off on Sept rate cut verdict

MSCI's global equities gauge stumbled on Wednesday while the U.S. dollar extended gains after Federal Reserve chair Powell ...