USA Today8d
Fed pauses interest rate cuts as inflation, Trump's plans create uncertainty
WASHINGTON – The Federal Reserve paused its interest rate cutting campaign Wednesday and gave no signal it plans to lower rates again in the near term amid uncertainty spawned by inflation and P ...
The New York Times6d
The Fed Is Sitting on the Sidelines, but for How Long?
What’s remarkable is that the Federal Reserve hasn’t yet needed to get involved in any of them. Enjoy the calm while it lasts. I think it’s a good bet that what we are seeing is a rare ...
The Hill7d
Fed holds rates steady as Trump tariffs loom, economy hums
The Federal Reserve held interest rates steady Wednesday after price increases ticked up over the past three months, suggesting inflation may still have some life in it. Central bankers held rates ...
New York Post7d
Fed keeps interest rates unchanged — pushing Trump to bash Powell for failing to stop ‘problem they created’
The Federal Reserve on Wednesday kept interest rates unchanged and provided scant insight into when further cuts may take place – sparking a quick rebuke from President Donald Trump. Emerging ...
Seeking Alpha7d
The Fed Forgot To Announce Its $82 Billion Loss For 2024
The Fed has reported consecutive annual losses for the first time ever, with a $114.3 billion loss in 2023 and an estimated $82 billion loss in 2024. The losses stem from the Fed's shift to an ...
CNN7d
The Federal Reserve ignored Trump’s interest rate demands — and he’s not taking it well
The Federal Reserve kicked off its second Trump era right where it left off: Doing exactly what it wanted to do, ignoring President Donald Trump’s demands that it lower rates. As you’d expect ...
CNN7d
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 term. It’s a move that’s likely to stoke tensions between the ...
The New York Times9d
The Fed Is About to Hit Pause on Rate Cuts. Here’s Why.
By Colby Smith Reporting from Washington At the Federal Reserve’s final gathering of 2024, Chair Jerome H. Powell announced that the U.S. central bank was embarking on a “new phase” in how ...
ABC News8d
Fed holds interest rates steady, defying pressure from Trump
Trump said last week he would "demand" lower interest rates. The Federal Reserve held interest rates steady on Wednesday, just days after President Donald Trump called on the central bank to lower ...
CBS News7d
Federal Reserve holds interest rates steady as inflation remains above 2%
The Federal Reserve said Wednesday that it will leave its benchmark rate unchanged, hitting the brakes on lowering borrowing costs for individuals and businesses after a flurry of rate cuts ...
Fox Business7d
Powell pushes back on Musk's claim Fed is 'absurdly overstaffed'
Federal Reserve Chair Jerome Powell pushed back Wednesday on billionaire Elon Musk's claim the central bank is bloated when he was asked about it during a press conference. Elon Musk, the leader ...
Investopedia28d
New Year, New Fed: What the FOMC Rotation Could Mean for Interest Rates
Samuel Corum / Bloomberg via Getty Images The Federal Reserve policy committee's annual rotation gives more votes to "hawkish" members this year, whom experts see as more inclined to keep interest ...