News

Fed holds interest rates steady as two Trump appointees vote to cut them
Fed Chair Jerome Powell said the economy is solid — and that it's also too early to tell how tariffs will affect it.
Fed leaves interest rates unchanged amid Trump pressure. 2 governors dissent.
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.
Fed Won't Budge on Interest Rate Cut Despite Trump's Demand for Mortgage Relief
As was widely expected, Fed policymakers on Wednesday left the central bank's overnight rate unchanged at a range of 4.25% to ...
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 ...
Trump Will Remake the Fed. Lower Rates Are Just the Start.
A bubbling movement to overhaul the Fed is ready to seize the moment. Big changes are in store for the central bank.
Fed Governor Kugler is resigning, giving Trump a nominee on committee that sets interest rates
Kugler's term was set to expire at the end of January 2026. A Biden nominee, she joined the Board of Governors in September ...
Economist slams Trump for undermining job data credibility
President Trump fired the Bureau of Labor Statistics Commissioner, slamming her for a weak jobs report and claiming she ‘rigged’ the data. Former Council of Economic Advisers Chair Jared Bernstein ...
Powell on ‘solid ground’ by not raising interest rates, says fmr. Kansas City Fed chief
Thomas Hoenig, former president of the Federal Reserve Bank of Kansas City, joins Meet the Press NOW to discuss Fed Chair ...