News

Fed Doesn’t Cut Interest Rates Again—Despite Trump’s Demands—As It Warns Of Higher Unemployment Risk
The Fed is in a “good place to wait and see” before moving on interest rates, Powell said Wednesday. “We don't think we need ...
Did the Fed cut rates today? No, but here's when they might
Interest rates for credit cards to mortgages jumped since the Fed began fighting inflation in 2022. Here's where experts ...
Asian shares trade higher after Wall Street climbs moderately as Fed holds rates steady
Asian shares rose moderately Thursday after a lackluster finish on Wall Street, with most shares ticking higher after the ...
Fed Meeting Today: Why Powell, Not Rates, Will Be in the Spotlight
Follow live coverage of the Federal Reserve Open Market Committee's May interest-rate announcement and Jerome Powell's press ...
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Why the Fed's Interest Rate Pause Could Bring Mortgage Rate Volatility
The central bank doesn't set mortgage rates outright, but its policy decisions affect the housing market's longer-term ...
Canadian dollar weakens as Fed signals patience on rate cuts
The Canadian dollar weakened against its U.S. counterpart on Wednesday as oil prices fell and investors weighed the Federal ...
Fed meeting live updates: Traders await insight from Powell on next rate cut, tariff impact
The central bank is expected to hold steady on rates, keeping them at a range of 4.25% to 4.5%. What Fed Chair Jerome Powell ...
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The Fed Didn't Touch Interest Rates, but Your Credit Card APR Could Still Go Up. Here's Why
Raising or lowering the federal funds rate -- the overnight interest rate between banks -- creates a domino effect. Credit ...