News

Fed Doesn’t Cut Interest Rates Again—Despite Trump’s Demands—As It Warns Of Higher Unemployment Risk
The Fed is in a “good place to wait and see” before moving on interest rates, Powell said Wednesday. “We don't think we need ...
Fed holds interest rates steady, defying pressure from Trump
Despite pressure from the White House, Powell is widely expected to hold interest rates steady, according to the CME FedWatch ...
Fed Meeting Today: Why Powell, Not Rates, Will Be in the Spotlight
Follow live coverage of the Federal Reserve Open Market Committee's May interest-rate announcement and Jerome Powell's press ...
Asian shares trade higher after Wall Street climbs moderately as Fed holds rates steady
Asian shares rose moderately Thursday after a lackluster finish on Wall Street, with most shares ticking higher after the ...
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Why the Fed's Interest Rate Pause Could Bring Mortgage Rate Volatility
The central bank doesn't set mortgage rates outright, but its policy decisions affect the housing market's longer-term ...
Fed meeting live updates: Traders await insight from Powell on next rate cut, tariff impact
The central bank is expected to hold steady on rates, keeping them at a range of 4.25% to 4.5%. What Fed Chair Jerome Powell ...
What the Fed’s Rate Policy Means for Your Finances
Here’s how the central bank’s interest rate stance influences car loans, credit cards, mortgages, savings and student loans.
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The Fed Didn't Touch Interest Rates, but Your Credit Card APR Could Still Go Up. Here's Why
Raising or lowering the federal funds rate -- the overnight interest rate between banks -- creates a domino effect. Credit ...