News

Federal Reserve holds key interest rate steady for fifth straight meeting despite Trump's pressure
The Fed left its benchmark interest rate unchanged following its July policy meeting amid uncertainty over the impact of ...
A vacancy on the Fed is opening early as Trump urges board to ‘assume control’ if Powell doesn’t cut rates
In the press conference following the Fed’s decision to keep rates unchanged, Powell hesitated to guide toward a rate in the ...
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 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 ...
Fed Governor Kugler is resigning, giving Trump a nominee on committee that sets interest rates
Federal Reserve Governor Adriana Kugler announced Friday she is stepping down from her role at the central bank, creating an ...
Is credit card debt forgiveness still worth it with interest rates paused?
Fed rates stayed put in July, but does that change the route you should take to deal with your credit card debt?
Canadian dollar pares weekly decline as Fed rate cut bets surge
The Canadian dollar rebounded from a two-month low against its U.S. counterpart on Friday as weaker-than-expected U.S. jobs ...
Fed governors Bowman, Waller explain their dissents, say waiting to cut rates threatens economy
Two Federal Reserve officials who voted this week against holding a key interest rate in place explained their decisions ...