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 ...

Powell didn’t just refuse to deliver a rate cut—he also hinted a raise could have been on the cards

Powell put a cat among the pigeons by suggesting he was minded to "look through" tariff-induced inflation by not increasing ...

Did the Fed cut interest rates Wednesday? No, but here's when they might

Interest rates for credit cards to mortgages have jumped since the Fed began fighting inflation in 2022. Here's where experts ...

'Drag him out': Senate Republicans call on Powell to lower rates after poor jobs report

Senate Republicans demand that Federal Reserve Chair Jerome Powell lower interest rates after a subpar July jobs report, with ...

Economists: Federal Reserve unlikely to drop interest rates

The Federal Reserve will release its interest rates decision Wednesday, but it's unlikely to cut rates. Trump has lobbied ...

How stock-market investors should trade what could be a historic Fed dissent over interest rates on Wednesday

Under normal circumstances, a pair of dissents in favor of a rate cut would be taken as a sign the Fed is taking a dovish ...

The Interest Rate That Matters

When the Fed cut short rates in the fall, long-bond yields spiked.

Jay Powell strikes hawkish tone as Federal Reserve defies Donald Trump’s calls for rate cut

The Federal Reserve has signalled that it could hold interest rates steady at least through September as it defies Donald Trump’s repeated calls for the central bank to dramatically lower borrowing ...