Little to no relief from high borrowing costs expected as Fed Chair Powell heads to the Hill
Steady hiring and a mostly-healthy job market suggest that there is less of an urgent need for the Fed to reduce borrowing ...
Treasury Secretary Scott Bessent wants to bypass the Fed to lower interest rates
Treasury Secretary Scott Bessent has a new plan in the fight to bring down historically high interest rates, and it’s got ...
The Fed holds interest rates steady in its first decision of the year
The nation's central bank held interest rates steady in its first decision of the year. On Wednesday, the Federal Open Market ...
Key takeaways from the Fed’s decision to pause interest rate cuts
The Federal Reserve on Wednesday hit pause on interest rate cuts in its first key decision of President Donald Trump’s second ...
The US labor market isn't putting pressure on the Fed's plans to cut interest rates in 2025
The US labor market isn't showing signs of weakness that would prompt another interest rate cut from the Federal Reserve in ...
What's next for US interest rates?
The Fed uses interest rates "like a gas pedal and a brake pedal," Forbes said. Lowering rates stimulates the economy; raising ...
Federal Reserve holds interest rates steady as inflation remains above 2%
The Federal Reserve opted to leave its benchmark interest rate unchanged in its first policy meeting since President Trump's ...
Fed Stays Steady, and Powell Offers No Guidance on Future Rate Cuts
After three cuts at the end of last year, Federal Reserve officials paused rate moves as they weigh a solid economy and ...
Federal Reserve holds interest rates steady amid inflation uncertainty
The Federal Reserve held interest rates steady at its January meeting following three consecutive rate cuts amid uncertainty ...
What will the Fed do with interest rates and how will Trump react?
The Federal Reserve is set to announce its first interest rate decision of 2025 and with a pause expected, it could prompt ...
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US FOMC to announce interest rate decision soon: Will Fed cut rates due to Trump pressure?
Trump revived his criticism of the Fed and its chair Jerome Powell, whom he first appointed to run the US central bank. ‘I’ll ...
The Federal Reserve holds interest rates steady
The Federal Reserve left interest rates unchanged Wednesday as it began a new wait-and-see policy stance amid a cloudy ...