News

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 ...
Trump’s Fight With the Fed Won’t End With Rate Cuts
President Trump wants the Fed to slash borrowing costs, but the central bank is unlikely to take such aggressive steps even ...
'TOO ANGRY, TOO STUPID': Trump bashes Fed Chair Powell after central bank leaves interest rates unchanged
President Trump escalated his criticism of Federal Reserve Chairman Jerome Powell a day after the central bank kept rates on ...
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 ...
Big central bank rate cuts slow, tariffs and politics in focus
The pace of global rate cuts is slowing as the European Central Bank nears the end of its easing cycle, the U.S. Federal ...
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 ...
Did the Fed cut interest rates Wednesday? No, but here's when they might
Interest rates for credit cards to mortgages have jumped since the Fed began fighting inflation in 2022. Here's where experts ...
Fed leaves short-term rates the same but it doesn't mean all rates aren't budging
The Federal Reserve keeps short-term rates the same in July, holding rates as is for the fifth meeting in a row. What's next ...
Asian shares are mixed after US stocks fall on weakened hopes for a September interest rate cut
Asian shares are mixed after most U.S. stocks slipped, as doubts rose on Wall Street about whether the Federal Reserve will ...
The Fed may cut rates later this year. Here’s how to get the most from your cash savings now
Despite unprecedented public needling from President Donald Trump to lower interest rates, the Federal Reserve board stood ...
Fed holds interest rates steady, Chair Powell says Fed independence 'very important'
The central bank has defied Trump’s public criticism for months. The Fed has held interest rates steady for seven consecutive ...