News

Bowman, Waller argue for rate cuts, citing weakening labor market, limited inflation from tariffs
Slower economic growth and softer labor market dynamics warrant cutting the federal funds rate target range by 25 basis ...
Fed Dissenters Defend Call for July Rate Cut as Trump Intensifies Attacks
The central bank this week kept interest rates steady for a fifth-straight meeting, prompting the first double dissent from ...
Fed holds rates steady but sees first double dissent in three decades
The Federal Reserve kept short-term interest rates at a level of 4.25 percent to 4.5 percent on Wednesday, but the vote saw ...
Trump urges Fed board to ‘assume control’ if Jerome Powell doesn’t slash rates soon
President Trump took fresh aim at the chairman following the central bank’s decision to keep interest rates unchanged.
Fed recap: Powell says no decision on September, must wait to see tariff impact on inflation
The central bank kept its target rate at a range of 4.25% to 4.50%, but two policymakers disagreed with the decision.
Fed’s Powell sticks with patient approach to rate cuts, brushing off Trump’s demands
The Federal Reserve is leaving its key short-term interest rate unchanged for the fifth time this year, brushing off repeated ...
The Fed Splits Into Three Camps on Interest Rates. These Are the Dividing Lines.
Federal Reserve officials are split into three camps over what economic evidence they need before resuming interest-rate cuts ...
Two Fed Governors Dissent From Policy Call for First Time Since 1993
For the first time in more than three decades, two Federal Reserve Board governors dissented on a central bank policy ...
Fed leaves rates steady despite Trump pressure, gives no hint of September cut
The U.S. central bank held interest rates steady on Wednesday and Federal Reserve Chair Jerome Powell's comments after the ...
Powell stresses 'no decisions' made on September cut as Fed holds rates steady, defying Trump again
The Federal Reserve is widely expected to hold interest rates steady Wednesday amid internal divisions over the path of ...
Fed governors Michelle Bowman, Christopher Waller voted against leaving rates steady — most dissents since 1993
The Federal Reserve’s decision to hold interest rates steady following the end of a two-day policy meeting on Wednesday ...