News

Before resuming interest rate cuts, Fed official seeks 'a lot' more good inflation reports
Chicago Fed chief Austan Goolsbee called the April inflation report 'comforting' but said he needs to see several more as officials consider rate cuts ...
Inflation and HELOC interest rates: What to watch this week
After the Federal Reserve announced a continued pause in the federal funds rate on May 7, the Bureau of Labor Statistics is ...
Federal Reserve Keeps Key Interest Rate Unchanged
As widely expected, the Federal Reserve left it's key interest rate unchanged Wednesday, staying firmly in "wait and see" ...
USA Today7d
Fed chair Jerome Powell cites 'uncertainty' as central bank holds key rate steady
WASHINGTON – The Federal Reserve is still firmly in wait-and-see mode. The Fed left its key interest rate unchanged again Wednesday and gave no hint it plans to lower it soon as President ...
Federal Reserve warns of stagflation risk, keeps rates unchanged — despite Trump pressure
Policymakers cited economic uncertainty from Trump’s trade war for keeping the Fed funds rate between 4.25% to 4.5% range, ...
Trump calls Fed Chair Jerome Powell a "fool" for keeping interest rates steady
President Trump on Thursday criticized Federal Reserve Chair Jerome Powell for holding interest rates steady at the Fed's May ...
Federal Reserve leaves key rate unchanged as it sees risk of higher prices and higher unemployment
The Federal Reserve kept its key interest rate unchanged Wednesday, brushing off President Donald Trump’s demands to lower ...
2025 Student Loan Interest Rates Stay Painfully High; Borrowers Get No Relief
Student loan interest rates for 2025 remain painfully high, adding pressure for borrowers already facing rising college costs ...
The Business Times17h
US Federal Reserve to stay patient amid cooling trade war and inflation
TAMER-THAN-EXPECTED inflation and a significant de-escalation of a US-China trade war are easing fears of a sharp squeeze on ...