News

Fed recap: Powell says no decision on September, must wait to see tariff impact on inflation

The central bank kept its target rate at a range of 4.25% to 4.50%, but two policymakers disagreed with the decision.

Markets now betting Fed will cut rates in September after disappointing jobs report

The probability of a Federal Reserve rate cut in September jumped dramatically following weak employment data, with market ...

Overall effects of tariffs on prices still to be seen, Fed Chair Powell says

"Despite elevated uncertainty, the economy remains in a solid position," Federal Reserve Chair Jerome Powell said on ...

Still unsure of tariff impact, the Fed resists Trump’s pressure to lower interest rates

The Fed’s monetary policy committee kept its benchmark rate steady at between 4.25 percent and 4.5 percent, as analysts and ...

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 ...

'Worst Fed chair in history’: WH trade adviser Peter Navarro calls on Jerome Powell to resign

Senior counselor to the president Peter Navarro joins Meet the Press NOW to explain President Trump’s decision to fire the commissioner of the Bureau of Labor Statistics following weaker than expected ...

Editorial: The Fed was right to say no on interest rates

For the moment, demand is adequate and unemployment is low. This makes the White House’s view — that tight money is ...

Global stock index dips, dollar climbs as Fed's Powell holds off on Sept rate cut verdict

MSCI's global equities gauge stumbled on Wednesday while the U.S. dollar extended gains after Federal Reserve chair Powell ...

Fed’s Powell sticks with patient approach to rate cuts, brushing off Trump’s demands

The chair acknowledged that if the Fed cut its rate too soon, inflation could move higher, and if it cut too late, then the ...

Fed keeps rates unchanged — but two vote against Powell’s ‘wait-and-see’ approach

The central bank’s policy-setting Federal Open Market Committee maintained the benchmark rate between 4.25% and 4.5%, where ...