News

Fed ‘Well Positioned’ to Wait on Rate Cuts Even as Economic Risks Rise, Minutes Show
Officials at the Federal Reserve have adopted a wait-and-see approach to policy moves amid extreme uncertainty about the ...
'Not cutting rates no matter what the president says.' Fed signals it is unmoved by Trump's pressure
President Trump has pressed the Federal Reserve for weeks over its refusal to lower interest rates. But Chair Jerome Powell ...
Powell defends Fed independence after Trump pressures him to cut interest rates
The Federal Reserve chair said the two discussed "economic developments" but not his expectations for monetary policy at a ...
Fed set to hold rates steady despite 'as good as it gets' inflation print
A cooler inflation reading from the month when President Trump's tariffs went full blast likely won't shake the Federal ...
With the Fed on Pause, Why Is the Top CD Rate Now Higher?
The Fed hasn't adjusted interest rates this year, and isn't expected to make a move for months. Yet today's highest CD rate ...
3 key money moves to consider while the Fed keeps interest rates higher
The Fed has indicated that interest rates aren’t coming down just yet. Here’s how to make the most of where we stand.
Fed's Goolsbee: if tariffs are avoided, policy rate can come down
Chicago Federal Reserve Bank President Austan Goolsbee on Thursday said he believes that if big tariffs could be avoided, ...