News

Federal Reserve Chair Jerome Powell gave little indication on Wednesday of bowing anytime soon to President Donald Trump’s frequent demands that he cut interest rates, even as signs of dissent emerged ...
Yesterday’s meeting, which saw two dissenting votes from the hold decision, was preceded by further demands from Trump ...
The central bank kept its target rate at a range of 4.25% to 4.50%, but two policymakers disagreed with the decision.
The Federal Reserve left its benchmark interest rate unchanged Wednesday, but a rate cut is possible in September. President ...
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.
Mr Powell sees a relatively low unemployment rate and above-target inflation; the dissenters note that households are ...
The Fed kept rates steady, as most economists had expected, but struck a more hawkish tone, causing a mid-afternoon stock sell-off.
Trump has threatened to fire Fed Chair Jerome Powell, challenging the Fed's independence. Experts say he's not the first ...
Japan’s central bank is widely expected to stand pat on short-term interest rates at 0.5% for the fourth consecutive policy ...
The decision means financing for property expansions, frame racks and ADAS calibration systems will stay expensive well into the busy fall repair season.
The central bank has said Trump’s tariffs are making it difficult for it to lower rates, something that would otherwise be ...