News

Trump Will Remake the Fed. Lower Rates Are Just the Start.

A bubbling movement to overhaul the Fed is ready to seize the moment. Big changes are in store for the central bank.

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 leaves interest rates unchanged amid Trump pressure. 2 governors dissent.

The Federal Reserve left its key interest rate unchanged at 4.25% to 4.5% and offered no clues on whether it will resume its rate cuts in September.

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. Two of his prior appointments, ...

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 ...