News

Fed holds rates steady, 2 governors wanted a cut
The Federal Reserve kept its benchmark interest rate unchanged at its July meeting. In the statement, the FOMC says, ...
Fed holds rates steady but sees first double dissent in three decades
The Federal Reserve kept short-term interest rates at a level of 4.25 percent to 4.5 percent on Wednesday, but the vote saw ...
Fed recap: Powell says no decision on September, must wait to see tariff impact on inflation
The central bank kept its target rate at a range of 4.25% to 4.50%, but two policymakers disagreed with the decision.
Powell stresses 'no decisions' made on September cut as Fed holds rates steady, defying Trump again
The Federal Reserve is widely expected to hold interest rates steady Wednesday amid internal divisions over the path of ...
Fed Starts Talks on a Looser Version of Basel III Endgame
The Federal Reserve has kicked off the process for putting together a new risk-based capital rule that would be less ...
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 ...
Powell downplays Fed board dissents: ‘Quite a good meeting’
Federal Reserve Chair Jerome Powell downplayed Wednesday the decision by two members of the central bank’s board to dissent ...
The Fed Splits Into Three Camps on Interest Rates. These Are the Dividing Lines.
Federal Reserve officials are split into three camps over what economic evidence they need before resuming interest-rate cuts ...