News

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 ...
Fed Governor Kugler is resigning, giving Trump a nominee on committee that sets interest rates
Kugler's term was set to expire at the end of January 2026. A Biden nominee, she joined the Board of Governors in September ...
Fed holds interest rates steady as two Trump appointees vote to cut them
Fed Chair Jerome Powell said the economy is solid — and that it's also too early to tell how tariffs will affect it.
Fed Dissenters Defend Call for July Rate Cut as Trump Intensifies Attacks
The central bank this week kept interest rates steady for a fifth-straight meeting, prompting the first double dissent from ...
3 Ways a Trump-Powell Faceoff Could Affect Your Wallet This Summer
A Trump-Powell clash could shake up interest rates, inflation and your summer spending. Here are 3 ways it might hit your ...
Powell on ‘solid ground’ by not raising interest rates, says fmr. Kansas City Fed chief
Thomas Hoenig, former president of the Federal Reserve Bank of Kansas City, joins Meet the Press NOW to discuss Fed Chair ...
Judge rails against last-minute bid by Trump ally to open Federal Reserve interest rate meetings to the public
A federal judge on Monday denied a request by a Donald Trump ally to force the Federal Reserve committee responsible for ...