News

A vacancy on the Fed is opening early as Trump urges board to ‘assume control’ if Powell doesn’t cut rates
President Trump erupted on social media after the Federal Reserve held interest rates steady this week. The president called ...
Powell didn’t just refuse to deliver a rate cut—he also hinted a raise could have been on the cards
Powell put a cat among the pigeons by suggesting he was minded to "look through" tariff-induced inflation by not increasing ...
July FOMC: Fed Pause Continues, September Cut Odds Fall On Hawkish Tone
The Fed holds rates steady at 4.25%–4.50%, emphasizing inflation risks and labor market strength. Click for more on the ...
Trump urgently wants Jerome Powell to cut interest rates. That won't happen today, economists say.
President Trump has pressured Fed Chair Jerome Powell to lower interest rates. Here's what the experts think will happen at ...
Read the July FOMC Statement
Although swings in net exports continue to affect the data, recent indicators suggest that growth of economic activity ...
Stock Market Today: Stocks Higher; FOMC Decision Plus Earnings We'll Be Watching
The S&P 500 hasn't moved more than 1% in a single day for more than a month. With major news out today, is this the day we ...
The Fed Chair Doesn’t Set Rates by Himself. Here Are the Other Voting Members.
Jerome Powell has been Trump’s No. 1 target as the president demands lower interest rates, but other policymakers are also ...
Fed’s preferred inflation gauge ticks up as tariffs lift prices — casting cloud on September rate cut
The Federal Reserve’s preferred inflation gauge ticked up slightly in June as tariffs on imports started raising the cost of ...