News

Trump says a rate cut would be like ‘jet fuel' for markets, but Powell doesn't want to do it
The Fed on Wednesday voted to keep its benchmark interest rate in a range of 4.25% to 4.5%, where it’s kept it on hold since ...
Why the Fed Isn’t Ready to Join Other Central Banks in Cutting Rates
The U.S. faces risks of higher inflation and unemployment. Countries without tax hikes on imports are focused on the hit to ...
Fed chair Jerome Powell cites 'uncertainty' as central bank holds key rate steady
Despite pressure from President Donald Trump to slash interest rates, the Federal Reserve was expected to stick to its ...
Trump lashes out at Jerome Powell after Federal Reserve keeps interest rates steady
The Fed has left it's key interest rate unchanged for three consecutive meetings, with Chair Jerome Powell citing economic ...
Transcript: Fed Chief Jerome Powell’s Postmeeting Press Conference
The Fed leader discussed the decision to hold rates steady, the outlook for inflation and the economy, and the possible ...
Jerome Powell says the Fed can afford to wait and see before cutting rates. Other economists aren’t so sure
The Federal Reserve has yet to cut interest rates in 2025 as it seeks greater clarity on the eventual effects of President ...
Powell says Fed can wait to lower interest rates again. But will it wait too long?
Jerome Powell said the Federal Reserve can wait to see which effect from Trump's tariffs is worse - high inflation or a weak ...