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The Fed is hitting the pause button on rate cuts, for now. Here's the impact on your money.
Borrowers hoping for more financial relief from the Federal Reserve may have a wait on their hands, as the central bank is ...
Powell says Fed 'well positioned' for the 'risks and uncertainties' that lie ahead
The Federal Reserve is prepared to keep its key interest rate unchanged for now as inflation remains elevated and the job ...
Solid January Jobs Data Will Likely Keep Fed Interest Rate Cuts On Hold
The January jobs report revealed a drop in the unemployment rate to 4%, accompanied by payroll gains of 143,000. A Fed ...
Fed holds rates steady, hitting pause after series of cuts
The central bank’s decision to pause at its first meeting of 2025 followed a series of cuts that began in September to ...
Fed chair Jerome Powell brushes off possibility Trump could fire Fed officials: ‘Well it’s pretty clearly not allowed under the law’
Federal Reserve chair Jerome Powell was once again clear he did not believe the president has the ability to interfere in the central bank. Over the years, Trump has regularly expressed frustration ...
Treasury Secretary Scott Bessent wants to bypass the Fed to lower interest rates
Treasury Secretary Scott Bessent has a new plan in the fight to bring down historically high interest rates, and it’s got ...
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No clear signal for Fed as unemployment rate drops to 4%
Employers added fewer workers than anticipated last month, but upward revisions to previous estimates drove down the jobless ...