News

Fed keeps rates steady but pencils in two cuts by end of 2025; Powell sees 'meaningful' inflation ahead
The U.S. central bank held interest rates steady on Wednesday and policymakers signaled borrowing costs are still likely to ...
Fed leaves key rate unchanged as it awaits the impact of tariffs and Trump again scolds Powell
When the Fed reduces its rate, it often — though not always — leads to lower costs for consumer and business borrowing, ...
Fed stands pat on rates: Trump blasts Powell, renews call to lower borrowing costs
Federal Reserve officials expect inflation to worsen in the coming months but they still foresee two interest rate cuts by ...
Fed decision recap: Central bank signals stagflation fears, Powell says Fed ‘well positioned to wait' on rates
Policymakers kept interest rates are their target range of 4.25% to 4.5%, as expected. However, they see higher inflation and ...
Trump slams 'stupid' Fed Chair Jerome Powell ahead of interest rate decision
President Donald Trump slammed Chairman Jerome Powell as "stupid" before the central bank's interest rate announcement on ...
Key takeaways from today’s Fed meeting and Powell’s news conference
Officials at the Federal Reserve left interest rates unchanged, as they brace for the effects of President Trump’s policies ...
Trump Calls Out ‘Too Late’ Powell for Steady Rate Policy
Just hours before the Federal Reserve is set to release its latest interest-rate decision, President Donald Trump took a ...
Will pressure from Trump and Vance spur Powell to cut interest rates?
Federal Reserve likely to keep interest rates unchanged for fourth straight meeting despite President Donald Trump and Vice ...
Fed's Powell says he expects to see more tariff-driven price hikes in coming months
Federal Reserve Chair Jerome Powell said on Wednesday that Fed policy makers expect inflation in goods prices to go up over ...