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The widely expected decision left interest rates unchanged at a range of 5.25% to 5.5%, where they have sat since last July. Fed policymakers made several key changes to the statement released ...
Fed holds interest rates steady at highest level since 2001. The U.S. economy has faced a months-long stretch of stubborn inflation. By Max Zahn. May 1, 2024, 2:45 PM. 3:45.
Updated May 07, 2025 at 14:09 PM ET. The Federal Reserve held interest rates steady on Wednesday amid fears that President Trump's tariffs will rekindle inflation and slow economic growth.
Updated July 8, 2025 at 3:30 PM EDT. The Federal Reserve held interest rates steady Wednesday, and signaled that it is on track to cut rates by 0.5 percentage point this year, even as policymakers ...
The dollar traded sideways against the euro today after the European Central Bank held rates steady, and was wedged between ...
President Donald Trump has frequently voiced dissatisfaction with the Fed’s “wait-and-see" approach to lowering interest ...
Fed holds interest rates steady... for now The Federal Reserve held interest rates steady today, but hinted one more rate hike may be needed this year to bring inflation under control.
The Fed Holds Interest Rates Steady. ... In July, the Fed raised interest rates by 25 basis points (0.25%), bringing the short-term federal funds rate to the target range of 5.25% to 5.5%.
The dollar traded sideways against the euro on Thursday after the European Central Bank held rates steady, and was wedged between prospects for higher Japanese rates that supported the yen and worries ...
The Fed held rates steady, but left the door open to cut them later this year if inflation continues to ease. Trump's tariffs, however, could complicate efforts to bring prices under control.
If your high-yield savings account is for short-term or emergency savings, the rate drop doesn't mean you should stop contributing to the account -- it just means you won't earn as much in interest.