News

Fed Won't Budge on Interest Rate Cut Despite Trump's Demand for Mortgage Relief

As was widely expected, Fed policymakers on Wednesday left the central bank's overnight rate unchanged at a range of 4.25% to ...

Fed holds interest rates steady as two Trump appointees vote to cut them

Fed Chair Jerome Powell said the economy is solid — and that it's also too early to tell how tariffs will affect it.

Fed Governor Kugler is resigning, giving Trump a nominee on committee that sets interest rates

Her resignation now paves the way for Trump to put his own nominee in for the board. Two of his prior appointments, ...

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

The Federal Reserve held interest rates steady on Wednesday, just days after President Donald Trump made an unusual visit to ...

Fed leaves rates steady despite Trump pressure, gives no hint of September cut

The U.S. central bank held interest rates steady on Wednesday and Federal Reserve Chair Jerome Powell's comments after the ...

Powell on ‘solid ground’ by not raising interest rates, says fmr. Kansas City Fed chief

Thomas Hoenig, former president of the Federal Reserve Bank of Kansas City, joins Meet the Press NOW to discuss Fed Chair ...

3 Ways a Trump-Powell Faceoff Could Affect Your Wallet This Summer

A Trump-Powell clash could shake up interest rates, inflation and your summer spending. Here are 3 ways it might hit your ...

Judge rails against last-minute bid by Trump ally to open Federal Reserve interest rate meetings to the public

A federal judge on Monday denied a request by a Donald Trump ally to force the Federal Reserve committee responsible for ...