News

Fed governor breaks ranks with Powell, signals rate cuts could begin next month
Governor Waller signaled potential interest rate cuts as early as July, despite the Fed's decision to hold rates steady over ...
Federal Reserve holds its benchmark interest rate steady at today's FOMC meeting
The Federal Reserve said Wednesday it will maintain the benchmark interest rate at its current range of 4.25% to 4.5% ...
Fed holds interest rate steady for fourth time in a row
President Donald Trump has pushed for the Federal Reserve to lower interest rates by “a full point” in order to juice the economy as inflation hovers close to its target level. But Fed Chair Jerome ...
Fannie, Freddie oversight chief to Powell: Cut rates or resign
The head of the federal agency responsible for overseeing Fannie Mae and Freddie Mac called Wednesday for Federal Reserve ...
FHFA director calls for Fed Chair to resign: 'Powell is doing a great injustice to this Country'
FHFA Director William Pulte has called for Fed Chair Jerome Powell to resign from his position, accusing him of "doing a ...
Key takeaways from today’s Fed meeting and Powell’s news conference
Stagflation poses a particular challenge for policymakers because it puts their two primary goals — maximum employment and stable prices — in tension. Ordinarily, the Fed raises interest rates to ...