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US Fed rate cut not happening soon

CBS News on MSN · 52m

Fed Chair Powell holds firm on interest rates, resisting pressure to cut

Federal Reserve Chair Jerome Powell reiterated his view that the central bank should keep interest rates steady for now, citing inflation risks from U.S. tariffs. Powell, who made his remarks in prepared testimony Tuesday before the House Committee on Financial Services,

CNN on MSN · 34m

Despite growing divide at the Fed, Chair Powell throws cold water on the possibility of a July rate cut

It’s still too soon for the Federal Reserve to consider lowering interest rates, Chair Jerome Powell said Tuesday.

USA TODAY on MSN · 2h

Fed's Powell sticks to wait-and-see message on interest rates despite Trump pressure

Federal Reserve Chair Jerome Powell is standing by his wait-and-see message on interest rates despite Trump's pressure and Israel-Iran ceasefire deal.

21h

Second Fed Official Indicates Support for Faster Rate Cuts

A second Federal Reserve official has indicated that the central bank should begin cutting rates as soon as next month — the ...

1d

Federal Reserve holding interest rates steady delays relief for consumers this summer

Recession worries are building once again, as some consumers fear the prospects of higher prices and continued high interest ...

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