News

Four meetings and six months have elapsed since the Fed last adjusted interest rates. The federal funds rate stands between 4.25% and 4.5%, preserving much of a sharp increase imp ...
The Federal Reserve is tasked with creating a monetary policy that encourages price stability and maximizes employment. As a result, it attempts to keep inflation at around 2% a year because that has ...
Officials are waiting to see if businesses manage higher costs from tariffs by trimming profits or pushing up prices.
Meanwhile, the odds of a cut coming at the next Fed meeting stand at less than 3%. Put another way, the market gives a 97% ...
President Donald Trump has frequently voiced dissatisfaction with the Fed’s “wait-and-see" approach to lowering interest ...
The Federal Reserve held interest rates steady Wednesday. Members of the central bank's rate-setting committee also telegraphed their plans for possible rate cuts later this year.
The U.S. central bank’s decision to hold interest rates steady in June was unanimously supported, but officials were starting ...
Today's 30-year mortgage rate is 6.625%, with 15-year rates at 5.75%. Here's how to get the best rate and what we're watching ...
Fed policymakers left the central bank's overnight rate unchanged at a range of 4.25% to 4.5%, where it has remained since December. Fed Holds Interest Rates Steady After Trump Ripped Powell for ...
Fed Holds Rates Steady as Trump Presses Powell for Deep Cuts ... sending a handwritten note urging a sharp cut in U.S. interest rates to “1% or better,” and lamenting that the Fed has ...
Fed Holds Rates Steady As Inflation Persists, Gold Climbs Higher. ... Susan Collins, and others - unanimously agreed to maintain the interest rate paid on reserve balances at 4.4 percent, ...
The Federal Reserve held rates steady at its June 18 meeting, and while cuts are still expected later this year, that doesn’t guarantee lower personal loan rates. Lenders don’t always pass Fed ...