News

Fed recap: Powell says no decision on September, must wait to see tariff impact on inflation
The central bank kept its target rate at a range of 4.25% to 4.50%, but two policymakers disagreed with the decision.
Fed holds rates steady but sees first double dissent in three decades
The Federal Reserve kept short-term interest rates at a level of 4.25 percent to 4.5 percent on Wednesday, but the vote saw ...
Fed Dissenters Defend Call for July Rate Cut as Trump Intensifies Attacks
The central bank this week kept interest rates steady for a fifth-straight meeting, prompting the first double dissent from ...
Fed holds rates steady, 2 governors wanted a cut
The Federal Reserve kept its benchmark interest rate unchanged at its July meeting. In the statement, the FOMC says, ...
Powell downplays Fed board dissents: ‘Quite a good meeting’
Federal Reserve Chair Jerome Powell downplayed Wednesday the decision by two members of the central bank’s board to dissent ...
The Fed Splits Into Three Camps on Interest Rates. These Are the Dividing Lines.
Federal Reserve officials are split into three camps over what economic evidence they need before resuming interest-rate cuts ...
Fed keeps rates steady, despite historic contrary votes and Trump pressure
Trump argues that because the U.S. economy is doing well, rates should be lowered. But unlike a blue-chip company that ...
Fed leaves short-term rates the same but it doesn't mean all rates aren't budging
The Federal Reserve keeps short-term rates the same in July, holding rates as is for the fifth meeting in a row. What's next ...