News

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, ...
More top Fed officials are coming out in support of rate cuts next month. Here's what they're saying.
Several top Fed officials have voiced support for cutting interest rates in the week after the central bank's latest policy ...
Why the small chance of a Fed rate hike could burn investors, says rates analyst
Investors face risks from a possible Federal Reserve interest-rate hike, as well as sharp cuts, in the months ahead, says ...
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 ...
Why Has the Fed Held Rates Steady Despite Strong Economic Data?
Chair Powell acknowledged on Tuesday that “if you look in the rearview mirror and look at existing data that we’ve seen, you ...
Watch Live: Fed Chair Jerome Powell Testifies to Congress
Federal Reserve Chair Jerome Powell has begun two days of testimony on Capitol Hill. Watch the testimony here. Powell told lawmakers the Fed is focused on ensuring any one-time increases in prices fro ...