News

Weakening US jobs market hits center of Fed rate policy debate
Surprisingly weak July hiring data released on Friday highlighted a fractious Federal Reserve debate over whether the central ...
Waiting for a Fed rate cut? Chair Powell offered few signals of one, economists say
Nothing tariffs are starting to push up prices, Powell said the Fed is already “looking through” goods inflation by not ...
Fed Keeps Rates Steady Despite Internal Divisions and Political Pressure
The central bank kept interest rates steady for a fifth straight meeting, despite badgering from President Trump. It has ...
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 ...
Fed holds interest rates steady, Chair Powell says Fed independence 'very important'
The Federal Reserve held interest rates steady on Wednesday, just days after President Donald Trump made an unusual visit to ...
Fed Governor Kugler is resigning, giving Trump a nominee on committee that sets interest rates
Federal Reserve Governor Adriana Kugler announced Friday she is stepping down from her role at the central bank, creating an ...
Fed rate cut odds go on a roller coaster ride after Powell, PCE, and jobs data
U.S. Federal Reserve rate cut odds have gone on a wild journey since Wednesday. Chances of a September rate cut plunged below ...
The two Fed dissenters say worries about labor market led them to push for lower rates
The two Federal Reserve governors who dissented from the central bank’s decision to hold interest rates steady this week said ...