News

The Fed's Preferred Inflation Gauge Shows Rising Price Pressures
Inflation picked up in June, as measured by the Federal Reserve's preferred gauge, reflecting the continued price pressures ...
Trump fires US labor official over data and gets earlier than expected chance to reshape Fed
In a second surprise economic policy development, Fed Governor Adriana Kugler unexpectedly announced her resignation on ...
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.
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 ...
The Fed may cut rates later this year. Here’s how to get the most from your cash savings now
Despite unprecedented public needling from President Donald Trump to lower interest rates, the Federal Reserve board stood ...
Fed’s Powell sticks with patient approach to rate cuts, brushing off Trump’s demands
The Federal Reserve is leaving its key short-term interest rate unchanged for the fifth time this year, brushing off repeated ...
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 ...
Here's the case for lower rates from the Fed's 2 dissenting voices
The Fed opted against cutting rates, but a rare dissent from two governors says the central bank risks being too late amid a ...