News

Weak Jobs Report Raises Chances of a September Interest Rate Cut

The Federal Reserve held rates steady in July but two governors dissented, saying they had concerns about labor market ...

Fed Governor Kugler is resigning, giving Trump a nominee on committee that sets interest rates

Her resignation now paves the way for Trump to put his own nominee in for the Board of Governors. Two of his prior ...

Weakening US jobs market hits center of Fed rate policy debate

Surprisingly weak July hiring data released on Friday highlighted a fractious Federal Reserve debate over whether the central ...

Fed leaves short-term rates the same but it doesn't mean all rates aren't budging

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 ...

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 ...

Is credit card debt forgiveness still worth it with interest rates paused?

Fed rates stayed put in July, but does that change the route you should take to deal with your credit card debt?

Canadian dollar pares weekly decline as Fed rate cut bets surge

The Canadian dollar rebounded from a two-month low against its U.S. counterpart on Friday as weaker-than-expected U.S. jobs ...

The two Fed dissenters say worries about labor market led them to push for lower rates

The two Federal Reserve governors who dissented from the central bank’s decision to hold interest rates steady this week said ...