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Federal Reserve Chief Jerome Powell said it is premature to lower interest rates, citing the potential impact of tariffs.
President Trump says Fed rate cuts would save the government as much as $900 billion a year in interest payments on its debt.
Federal Reserve Chair Jerome Powell on July 1 told a global audience of world bankers, economists, and academics what could ...
Fed Chair Jerome Powell defended the Federal Open Meeting Committee’s universal decision to hold the Federal Funds Rate ...
The Fed prioritizes shrinking its balance sheet over rate cuts to fight inflation. See why its disciplined approach supports growth, jobs, and long-term stability.
Recession worries are building once again, as some consumers fear the prospects of higher prices and continued high interest ...
Steady job growth and slightly elevated inflation rates indicate that the Fed will avoid rate cuts for now despite Trump’s ...
The Fed is likely to stick to its "wait-and-see" mantra at Wednesday's policy meeting, setting it on a collision course with Presiden Donald Trump.
Federal Reserve Chair Jerome Powell said the central bank would have likely already moved to lower borrowing costs if it weren't for worries that tariffs would drive up inflation.
Federal Reserve governor Michelle Bowman on Monday said the central bank should consider cutting its key interest rate as ...
The Federal Reserve left its benchmark interest rate unchanged at a 4.25% to 4.5% range at its June meeting, making it the fourth consecutive meeting in which it held rates steady.
From credit cards and mortgages to auto loans and savings accounts, all sorts of consumer borrowing costs may be impacted by ...