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Divided Federal Reserve keeps interest rates unchanged
A divided Federal Reserve kept interest rates unchanged, despite pressure from President Trump to lower them. It came as new numbers showed the economy grew at a three percent rate, beating expectations.
Fed leaves interest rates unchanged amid Trump pressure. 2 governors dissent.
The Federal Reserve left its key interest rate unchanged at 4.25% to 4.5% and offered no clues on whether it will resume its rate cuts in September.
Federal Reserve defies Donald Trump on interest rates
The Federal Reserve kept US interest rates on hold for the fifth meeting in a row yesterday, defying an aggressive campaign from President Donald Trump to slash borrowing costs. Fed chair Jay Powell said after the meeting that “it seems to me — and to almost the whole committee — that the economy is not performing as though restrictive policy is holding it back inappropriately”.
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 from President Donald Trump for a cut.
Did the Fed cut interest rates Wednesday? No, but here's when they might
Interest rates for credit cards to mortgages have jumped since the Fed began fighting inflation in 2022. Here's where experts think rates are headed.
Fed holds interest rates steady despite Trump pressure
The Federal Reserve held interest rates steady despite pressure from President Trump to lower them. Also, President Trump says his August 1st deadline for tariffs "will not be extended." NBC News' Garrett Haake reports the latest.
Fed leaves rates steady despite Trump pressure, gives no hint of September cut
The U.S. central bank held interest rates steady on Wednesday and Federal Reserve Chair Jerome Powell's comments after the decision undercut confidence that borrowing costs would begin to fall in September,
Police warn of hidden surveillance, high-tech home burglaries
In Los Angeles, police are warning that robbers are mimicking the techniques of South American crime rings to break into ...
Why one of the world’s biggest earthquakes wasn’t followed by a monster tsunami
Past strong earthquakes have caused massive and damaging waves far away, but scientists say these tsunami waves were tame by ...