News

Fed holds interest rates steady, Chair Powell says Fed independence 'very important'

The central bank has defied Trump’s public criticism for months. The Fed has held interest rates steady for seven consecutive ...

Fed Keeps Rates Steady Despite Internal Divisions and Political Pressure

The central bank kept interest rates steady for a fifth straight meeting, despite badgering from President Trump. It has ...

Trump Lobs All-Caps Insults At Jerome Powell For Refusing To Lower Interest Rates Once Again

President Donald Trump blasted Federal Reserve Chair Jerome Powell in a testy message Thursday morning after Powell refused ...

Path to the Fed rate cuts Trump wants may involve higher unemployment

President Donald Trump may see lower Federal Reserve interest rates as a fix for two politically potent problems, the cost of ...

White House advisor clashes with Fed on mortgage rates, housing market

The Fed's decision to hold interest rates has drawn loud criticism from members of the Trump administration — but the extent ...

Here comes the July jobs report. The unemployment rate is the ‘main number you have to look at now,’ Fed’s Powell says.

The Federal Reserve won’t cut interest rates until it sees how inflation and job creation respond to higher tariffs. The next ...

Bitcoin Price Rises. What’s Driving Cryptos After Fed Rate Decision.

Bitcoin and other cryptocurrencies rose early Thursday, recouping losses after the Federal Reserve’s latest decision to hold ...