News

Why isn't the Fed cutting interest rates? What to know
The central bank remains cautious, even as calls for rate cuts grow louder from the White House and other policymakers.
Inflation is finally supposed to show a tariff-related increase. The Fed still might cut interest rates anyway.
Where’s all the inflation from the Trump trade wars? So far, the evidence really hasn’t shown up — but many economists say it ...
Mortgage Interest Rates Today: Mortgage Rates Rise After Strong Jobs Report
The average rate on 30-year fixed home loans increased to 6.72% for the week ending July 10, up from 6.67% last week.
Economic council head says Trump's ability to fire Fed's Powell is 'being looked into'
In an interview with ABC News, Kevin Hassett was also pressed about the president's decision to hit imports from Brazil with ...
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September Fed rate cut is not a sure thing, despite market behavior
Federal Reserve Chair Jay Powell has reiterated that rate decisions will be data-driven — by inflation, and employment.
What Division Inside the Fed Means for Future Interest-Rate Cuts
Fed Chair Jerome Powell has sketched out new conditions that could trigger rate cuts by summer’s end, but inflation remains a ...
Fed Governor Waller favors cutting interest rates in July and continued shrinking of balance sheet
Federal Reserve Governor Chris Waller said on Thursday said he favors cutting the Fed's policy rate in July. He also ...
Fed Minutes Underscore Divisions Over Pace of Interest Rate Cuts
The U.S. central bank’s decision to hold interest rates steady in June was unanimously supported, but officials were starting ...
Trump Wants a 3-Point Fed Rate Decrease. But You Can't Always Get What You Want.
The right to freedom of speech allows Trump to make demands of the Fed to his heart's content. But legally, he cannot compel ...
Trump official criticizes Fed chief Jerome Powell for "ostentatious" office renovations, as Trump takes aim over interest rates
A top White House budget official said President Trump is "troubled" by Federal Reserve chair Jerome Powell's management, as Mr. Trump pressures him over interest rates.
Fed Chair Powell says he won't rule out interest rate cut this month
Federal Reserve Chair Jerome Powell said on Tuesday he would not rule out a potential interest rate cut as soon as this month ...
Why Trump might not get rapid interest-rate cuts even after he replaces Fed chief Powell
Trump hopes to get lower rates by replacing Fed Chair Jerome Powell with someone who would do what the president wants. But ...