Powell says Fed not 'in a hurry' to cut interest rates with 'economy remaining strong'
Federal Reserve Chair Jerome Powell will tell the Senate banking committee the Fed isn't "in a hurry" to resume its interest ...
Hosted on MSN17d
The Fed Didn't Budge on Interest Rates. Here's Why That's a Big Deal
Read more: Trump Can't Lower Interest Rates. But What Power Does the President ... a 17% APR), but it can also lead to higher savings yields (a 5% APY vs. a 2% APY). When the Fed lowers ...
Trump wants interest rate cuts. The market isn't buying it.
Voters elected Trump to find a way to curb the hotter inflation that occurred under President Joe Biden. But the president ...
Fox 1316d
Fed declines to lower interest rate, ending 3-cut run
The Fed declined Wednesday to lower the interest rate in a move that ends a three-cut run and goes against the direction of President Trump.
Fed Chair Shows Little Urgency to Lower Rates
Jerome H. Powell testifies as inflation risks are resurfacing, regulatory changes are in flux and the Federal Reserve’s ...
Fed Chair Powell says central bank doesn't 'need to be in a hurry' to lower interest rates further
Powell called the economy "strong overall" with a "solid" labor market and inflation that is easing but still above the Fed's ...
Why The Fed Is Mostly Powerless To Lower Housing Inflation
The Federal Reserve's job is to control inflation, but has little ability to influence one of its biggest drivers, Fed Chair ...
Donald Trump's Pledge to Lower Costs on 'Day One' is Unraveling
A disappointing inflation reading and soaring egg prices have undermined Trump's promise to reduce costs on "day one." ...
Forbes2d
Mortgage Rates Forecast For 2025: Experts Predict How Much Rates Will Drop
Mortgage rates were on a downward course—until they weren’t. After falling in September to a 2024 low of 6.08% ... this latest cut lowers the Fed’s benchmark interest rate range to 4. ...
Interest Earnings Last Year May Boost Your Tax Bill—Here's What You Can Do To Lower It
High-yield savings accounts and CDs were much more profitable in 2024 than in prior years, potentially leaving some taxpayers with a larger tax bill. Experts say there are some ways to defer or offset ...