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Until Wednesday, no Fed meeting this year generated formal opposition, with only two dissents occurring in 2024 and none in ...
The central bank kept its target rate at a range of 4.25% to 4.50%, but two policymakers disagreed with the decision.
The choice to hold off on a rate cut will almost certainly result in further conflict between the Fed and White House.
Fed Gov. Chris Waller has argued for months that tariffs would not raise inflation much, giving the central bank room to cut U.S. interest rates. He acted on his belief by dissenting in Wednesday’s ...
Trainer Chris Waller had jockey Tommy Berry to thank after his well-bred mare Cigar Flick scored her first victory in more ...
Trainer Chris Waller had jockey Tommy Berry to thank after his well-bred mare Cigar Flick scored her first victory in more ...
The Federal Reserve is leaving its key short-term interest rate unchanged for the fifth time this year, brushing off repeated ...
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.
Federal Reserve Chair Jerome Powell gave little indication on Wednesday of bowing anytime soon to President Donald Trump's ...
The Federal Reserve left its key short-term interest rate unchanged for the fifth time this year, brushing off repeated calls from President Donald Trump for a cut. The Fed’s decision Wednesday leaves ...
NPR's A Martinez speaks with historian and legal scholar Peter Conti-Brown about Wednesday's vote of the Federal Reserve's rate-setting body, which saw two dissenting votes.
Federal Open Market Committee votes to hold rates at 4.25-4.5 per cent at its July meeting on Wednesday Two members dissented against the decision, Michelle Bowman and Christopher Waller. Both voted ...
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