News

Fed holds rates steady as Trump’s trade diplomacy gains momentum
Wall Street remains cautiously optimistic as the Trump administration intensifies efforts to strike favorable trade deals.
Exclusive: Fed’s Hammack wants clear data before moving on rates, not much data by June
The Federal Reserve needs more time to see how the economy responds to U.S. President Donald Trump's tariff and other ...
Fed officials, citing uncertainty, reiterate patient policy stance
The first wave of Federal Reserve officials to weigh in after this week's policy meeting reiterated on Friday that the ...
Fed Officials Stick to Cautious Message on Rate Cuts Despite Pressure From Trump
Jerome H. Powell, chair of the Federal Reserve, has made clear that pre-emptive interest rate cuts are not appropriate for ...
Warsh Suggests Fed’s Tariff Remarks Imply Impaired Credibility
Kevin Warsh, who is seen as a possible contender to be the next Federal Reserve chair, suggested the US central bank would be ...
Fed's Musalem: Should not commit to rate cuts until tariff impact becomes certain
The Fed should not commit to further interest rate cuts until it is clear whether the Trump administration's tariff policies ...
Why the Fed’s Waiting Game on Rate Cuts Could Extend Until September
Economists have shifted back their forecasts for lower borrowing costs as President Trump’s tariffs raised the risk of higher ...
Fed keeps interest rates steady amid concerns on tariffs’ economic risks
The Fed is expected to leave interest rates unchanged Wednesday, choosing caution as President Trump’s trade upheaval rattles ...
Fed Doesn’t Cut Interest Rates Again—Despite Trump’s Demands—As It Warns Of Higher Unemployment Risk
The Fed is in a “good place to wait and see” before moving on interest rates, Powell said Wednesday. “We don't think we need ...
Fed chair Powell says 'economy is doing fine' despite declining consumer sentiment
Federal Reserve Chair Jerome Powell on May 7 said "the economy is doing fine" during a news conference after the Federal Open ...
Did the Fed cut rates today? No, but here's when they might
Interest rates for credit cards to mortgages jumped since the Fed began fighting inflation in 2022. Here's where experts ...
Trump calls Fed Chair Jerome Powell a "fool" for keeping interest rates steady
President Trump on Thursday criticized Federal Reserve Chair Jerome Powell for holding interest rates steady at the Fed's May ...