News

Fed holds interest rates steady as two Trump appointees vote to cut them

Fed Chair Jerome Powell said the economy is solid — and that it's also too early to tell how tariffs will affect it.

Dollar strong as Trump imposes new tariff rates; yen slide spurs government warning

The dollar headed for its best week in almost three years against its major peers, maintaining momentum on Friday after U.S.

Despite Trump’s Pressure, Fed Holds Interest Rates Steady

This was the fifth consecutive meeting at which the Federal Open Markets Committee (FOMC) kept its benchmark Federal Funds ...

Federal Reserve leaves interest rates unchanged even as Trump demands cuts

The Federal Reserve left its key short-term interest rate unchanged for the fifth time this year, brushing off repeated calls ...

Judge rails against last-minute bid by Trump ally to open Federal Reserve interest rate meetings to the public

A federal judge on Monday denied a request by a Donald Trump ally to force the Federal Reserve committee responsible for ...

After Scotland, Trump enters crucial trade week and eyes Fed's decision on rate cuts

President Donald Trump is expected to focus on global trade relationships as well as the Federal Reserve's upcoming decision ...