News

The Federal Reserve’s power: Congress giveth and Congress can taketh away
"Don't forget, our Federal Reserve is not at all a part of our Constitution. It's a creature of the U.S. Congress, created by ...
Jobs report shocker resets Fed interest rate cut bets
TheStreet. The Federal Reserve hasn't had an easy job in 2025. The central bank is governed by a dual mandate to set rates at ...
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.
Weak Jobs Report Raises Chances of a September Interest Rate Cut
The Federal Reserve held rates steady in July but two governors dissented, saying they had concerns about labor market ...
Federal Reserve holds key interest rate steady for fifth straight meeting despite Trump's pressure
The Fed left its benchmark interest rate unchanged following its July policy meeting amid uncertainty over the impact of ...
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 ...
Federal Reserve leaves interest rates unchanged despite pressure from Trump
The Federal Reserve left its benchmark interest rate unchanged for the fifth straight meeting Wednesday amid tremendous ...
Federal Reserve Keeps Interest Rates Steady
Federal Reserve policymakers didn’t rock the boat on Wednesday, opting yet again to keep interest rates steady as they wait ...
Is credit card debt forgiveness still worth it with interest rates paused?
Fed rates stayed put in July, but does that change the route you should take to deal with your credit card debt?