Trump's comments won't affect interest rate decisions by the Fed, Powell says
Federal Reserve Chair Jerome Powell said Wednesday President Donald Trump’s calls for lower interest rates won’t lead the central bank to change its rate decisions ...
Fed rate announcement: What it means for Californians and their money
The Fed’s big announcement Wednesday on interest rates was no surprise. But it will still impact Californians and their money. The Federal Open Market Committee said that after reviewing the economic ...
Fed seen on hold until September, with rising bets on earlier rate cut
The Federal Reserve will likely wait until September before cutting its policy rate, traders bet on Thursday, as data kept ...
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Do This With Your Money Now to Take Advantage of the Fed's Rate Pause
A rate pause means there's still time to score a high annual percentage yield, or APY, on a CD. Banks tend to follow the Fed's lead when setting CD rates, so we're likely to see APYs hold steady for ...
Fed holds interest rates steady, defying pressure from Trump
The Federal Reserve held interest rates steady on Wednesday, just days after President Donald Trump called on the central ...
Trump slams Fed after decision to hold interest rates steady
Policymakers left their benchmark rate unchanged amid signs that the economy is humming along, defying the president’s tradition-bucking pressure on the central bank.
Inflation hit 7-month high of 3% in January. Here's what it means for Fed rate cuts
Inflation slowed through much of last year – falling as low as 2.4% from a 40-year high of 9.1% in mid-2022 – but it has remained stubbornly high since fall. The cost of services such as car insurance ...