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The central bank kept interest rates steady for a fifth straight meeting, despite badgering from President Trump. It has ...
The Federal Reserve left its benchmark interest rate unchanged Wednesday, but a rate cut is possible in September. President Trump has been urging the central bank to lower borrowing costs.
The Federal Reserve left its benchmark interest rate unchanged for the fifth straight meeting amid tremendous pressure from ...
Wednesday’s decision wasn’t unanimous and marked a rare display of division. Two Fed governors—Christopher Waller and vice chair for supervision Michelle Bowman—dissented in favor of cutting rates.
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.
Mortgage rates have dropped, but it's likely not tied to today’s Fed news. Here’s why waiting for a Fed rate cut could be a ...
The central bank has defied Trump’s public criticism for months. The Fed has held interest rates steady for seven consecutive ...
The Federal Reserve keeps short-term rates the same in July, holding rates as is for the fifth meeting in a row. What's next ...
Federal Reserve Chair Jerome Powell downplayed Wednesday the decision by two members of the central bank’s board to dissent ...
There has been increased discussion in D.C. policy circles and on Wall Street about Powell possibly staying on at the Fed ...
Powell said that officials continued discussions about the five-year review of the Fed’s monetary policy framework at the ...
The Fed left its benchmark interest rate unchanged following its July policy meeting amid uncertainty over the impact of tariffs on inflation and economic conditions.