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.
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 ...
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 ...
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 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.
A Fed governor is resigning, opening a spot for a Trump appointee
A member of the Federal Reserve’s Board of Governors announced Friday that she is resigning several months before the end of ...
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 ...
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 ...
Read the July FOMC Statement
Although swings in net exports continue to affect the data, recent indicators suggest that growth of economic activity ...