News

Fed holds interest rates steady, Chair Powell says Fed independence 'very important'
The Federal Reserve held interest rates steady on Wednesday, just days after President Donald Trump made an unusual visit to ...
Trump calls on Fed board to assume control if Powell refuses to lower interest rates again
President Donald Trump called on the board of the Federal Reserve to take control from Chairman Jerome Powell if interest ...
Powell Cites Inflation Risk as Fed Holds Interest Rates Steady
Federal Reserve Chair Jerome Powell said interest rates are in the right place to manage continued uncertainty around tariffs ...
Weak Jobs Report Raises Chances of a September Interest Rate Cut
The Federal Reserve held rates steady in July but two governors dissented, saying they had concerns about labor market ...
Powell didn’t just refuse to deliver a rate cut—he also hinted a raise could have been on the cards
Powell put a cat among the pigeons by suggesting he was minded to "look through" tariff-induced inflation by not increasing ...
'Drag him out': Senate Republicans call on Powell to lower rates after poor jobs report
Senate Republicans demand that Federal Reserve Chair Jerome Powell lower interest rates after a subpar July jobs report, with ...
Here's the case for lower rates from the Fed's 2 dissenting voices
The Fed opted against cutting rates, but a rare dissent from two governors says the central bank risks being too late amid a ...
Markets Retreat, Media & Tech Stocks Mixed As Fed Dials Back Hopes For September Interest Rate Cut
Stocks reversed gains late in the session Wednesday as the Fed's Jerome Powell said no decisions made on a September interest ...