News

Traders keep bets on September Fed rate cut as US inflation cools
Traders of futures that settle to the Federal Reserve's policy rate continued to bet on Friday that the U.S. central bank ...
With the Fed on Pause, Why Is the Top CD Rate Now Higher?
The Fed hasn't adjusted interest rates this year, and isn't expected to make a move for months. Yet today's highest CD rate ...
Trump summons Fed's Powell, tells him he's making a mistake on rates
A federal judge said on Wednesday that she would issue an order that would continue to block President Donald Trump's ...
3 key money moves to consider while the Fed keeps interest rates higher
The Fed has indicated that interest rates aren't coming down just yet. Here's how to make the most of where we stand.
Trump-nominated FHFA director presses for Fed chair Powell to cut interest rates: 'Enough is enough'
Federal Housing Finance Agency Director William Pulte presses for Federal Reserve Chair Jerome Powell to cut interest rates, ...
Trump, in private meeting, tells Fed's Powell it's a mistake not to cut rates
U.S. President Donald Trump, in a private meeting at the White House on Thursday, told Federal Reserve Chair Jerome Powell ...
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Fed’s first cut will come only at the December meeting: Deutsche Bank
Deutsche Bank reiterated its base case that “the first cut will come only at the December meeting.” However, it added a ...
Trump summons Federal Reserve chair Jerome Powell to demand interest rate cut
WASHINGTON — President Trump called Federal Reserve Chairman Jerome Powell to the White House Thursday to demand a cut in interest rates — pointing to a dramatic decline in inflation since its peak ...
Fed Chair Jerome Powell resists Trump’s rate cut demand, says ‘monetary policy will be based on non-political analysis’
Federal Reserve Chair Jerome Powell met with Donald Trump at the White House, assured the President that the Fed will base ...
Fed Rate-Cut Prospects Are Falling, Market Data Shows
Traders are pricing in fewer Federal Reserve interest-rate reductions by the end of the year, according to the CME FedWatch tool. There’s now a 38% chance of the key rate falling by a half-point from ...
Fed Doesn’t Cut Interest Rates Again—Despite Trump’s Demands—As It Warns Of Higher Unemployment Risk
The Fed is in a “good place to wait and see” before moving on interest rates, Powell said Wednesday. “We don't think we need ...
Did the Fed cut rates today? No, but here's when they might
Interest rates for credit cards to mortgages jumped since the Fed began fighting inflation in 2022. Here's where experts think rates are headed.