Fed is expected to hold rates steady
Digest more
Fed Chair Jerome Powell stays silent on the central bank's monetary policy and interest rate cut decisions in today's meeting.
Fed Chair Jerome Powell has come under pressure from President Trump to lower interest rates. AP “Nothing is burning on either side such that it suggests there’s a rush to act,” he said ...
Fed Chair Jerome Powell said tariff concerns delayed interest rate cuts, stating the central bank would have likely reduced rates this year if not for potential consumer price hikes.
The dollar rose against the euro due to U.S. trade talk progress but fell against the yen, influenced by Japan's interest rate prospects. Political uncertainty in Japan and upcoming ECB decisions also affected currency markets,
President Donald Trump has pushed for the Federal Reserve to lower interest rates by “a full point” in order to juice the economy as inflation hovers close to its target level. But Fed Chair ...
There was a some profit-taking on Bursa Malaysia, matching the mood on Wall Street ahead of a slew of big US tech earnings and an interest rate announcement from the Federal Reserve.
“The interest-rate discussion is really a proxy for the discussion of the affordability of college overall,” Coburn said. Scott Giles, CEO of the Vermont Student Assistance Corporation, noted that even before the doubling of student loan rates, the government was making a tidy profit from students.
When President Donald Trump signed the One Big Beautiful Bill into law, it sparked major discussions on the outlook of the nation’s budget and the national debt.