News

Federal Reserve holds its benchmark rate steady at today's FOMC meeting

The Fed is maintaining its benchmark interest rate in the range of 4.25% to 4.5%, where it's been parked since December.

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 ...

July FOMC: Fed Pause Continues, September Cut Odds Fall On Hawkish Tone

The Fed holds rates steady at 4.25%–4.50%, emphasizing inflation risks and labor market strength. Click for more on the ...

Trump ramps up pressure on the Fed to slash rates to 1% — but would that be risky for US jobs, savings and investments?

Despite President Trump ramping up pressure on Federal Reserve Chair Jerome Powell to cut interest rates, the Fed held rates ...

Fed decision: Powell and FOMC keep rates steady after Trump pressure - as it happened

The Fed left interest rates unchanged, after President Donald Trump again demanded the U.S. central bank cut borrowing costs.

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 ...

July FOMC Meeting: Ruling Nothing Out

At its July meeting, the Federal Open Market Committee (FOMC) decided to keep its benchmark policy rate unchanged at ...

Fed's reticence on rate cuts forces market to rethink outlook

The Federal Reserve's decision to avoid signaling imminent rate cuts despite relentless political pressure underscores its ...