News

Fed Won't Budge on Interest Rate Cut Despite Trump's Demand for Mortgage Relief
As was widely expected, Fed policymakers on Wednesday left the central bank's overnight rate unchanged at a range of 4.25% to ...
Despite Trump’s Pressure, Fed Holds Interest Rates Steady
This was the fifth consecutive meeting at which the Federal Open Markets Committee (FOMC) kept its benchmark Federal Funds ...
Treasuries Typically Rally Before a Long-Awaited Fed Rate Cut. Trading on That Is Still a Gamble.
Treasury yield declines can signal whether the Fed will cut interest rates. But where they land after a cut is another story.
Fed’s Powell sticks with patient approach to rate cuts, brushing off Trump’s demands
The Federal Reserve is leaving its key short-term interest rate unchanged for the fifth time this year, brushing off repeated ...
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 ...
Trump Will Remake the Fed. Lower Rates Are Just the Start.
President Donald Trump wants the Federal Reserve to cut interest rates by a lot, quickly. He will get that, and probably much ...
Weakening US jobs market hits center of Fed rate policy debate
Surprisingly weak July hiring data released on Friday highlighted a fractious Federal Reserve debate over whether the central ...
A vacancy on the Fed is opening early as Trump urges board to ‘assume control’ if Powell doesn’t cut rates
In the press conference following the Fed’s decision to keep rates unchanged, Powell hesitated to guide toward a rate in the ...
Fed Governor Kugler is resigning, giving Trump a nominee on committee that sets interest rates
Her resignation now paves the way for Trump to put his own nominee in for the board. Two of his prior appointments, ...