News

Federal Reserve likely to stand pat on rates this week, deepening the gulf between Powell and Trump
The Federal Reserve is expected to leave its short-term interest rate unchanged on Wednesday for the fifth straight meeting, ...
Tracking Trump: Labor statistics chief fired; a Federal Reserve governor resigns; Trump deploys nuclear subs; and more
Trump fired the labor statistics chief after a negative jobs report. What happened: President Donald Trump announced he had ...
Federal Reserve holds its benchmark rate steady at today's FOMC meeting
The Fed is maintaining its benchmark interest rate in the range of 4.25% to 4.5%, where it's been parked since December.
Federal Reserve decision looms in 30 minutes, markets on edge
The central bank’s Federal Open Market Committee (FOMC) has held interest rates steady at 4.25% to 4.5% since December 2024, ...
Trump tariffs generate $100 billion, but effect on economy is up for debate
Experts at Bankrate have warned that the cost of President Donald Trump’s tariffs could ultimately be passed on to American ...
Back from Scotland, Trump enters crucial trade week and eyes Fed's decision on rate cuts
President Donald Trump is expected to focus on global trade relationships as well as the Federal Reserve's upcoming decision ...