News

Fed Decides Against Interest Rate Cut—But Powell Faces First Double Dissent In Decades

Bank of America indicated in a note that Powell would be in “no hurry” to cut rates in June, though disagreements among Fed ...

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 ...

Markets now betting Fed will cut rates in September after disappointing jobs report

The probability of a Federal Reserve rate cut in September jumped dramatically following weak employment data, with market ...
Itemlive2hOpinion

Editorial: The Fed was right to say no on interest rates

Editorial written by Bloomberg Opinion Board. The Federal Reserve resisted pressure from the White House last week and left ...

Powell Cites Inflation Risk as Fed Holds Interest Rates Steady

Federal Reserve Chair Jerome Powell said interest rates are in the right place to manage continued uncertainty around tariffs ...

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 ...

Fed keeps rates unchanged — but two vote against Powell’s ‘wait-and-see’ approach

The central bank’s policy-setting Federal Open Market Committee maintained the benchmark rate between 4.25% and 4.5%, where ...

Watch: Powell speaks as Fed bucks Trump pressure, keeps interest rates steady

Federal Reserve Chair Jerome Powell briefed reporters Wednesday afternoon after the Fed announced it would once again keep ...

Trump: Fed board should assume control if Powell won't lower interest rates

U.S. President Donald Trump on Friday urged the Federal Reserve board to assume control if Fed Chair Jerome Powell continues ...

Trump blasts Powell after Fed votes to keep interest rates steady

President Trump blasted Federal Reserve Chair Jerome Powell on Thursday, lodging insults at the head of the central bank for ...

Higher Long-Term Interest Rates If Trump Fires Powell From The Fed

The president prefers low interest rates. But the Federal Reserve Act protects the Fed chair's removal. Long-term rates are set by financial markets and sensitive to inflation expectations.