News

Fed Doesn’t Cut Interest Rates Again—Despite Trump’s Demands—As It Warns Of Higher Unemployment Risk
The Fed is in a “good place to wait and see” before moving on interest rates, Powell said Wednesday. “We don't think we need ...
Fed keeps interest rates steady amid concerns on tariffs’ economic risks
The Fed is expected to leave interest rates unchanged Wednesday, choosing caution as President Trump’s trade upheaval rattles ...
Fed holds interest rates steady, defying pressure from Trump
The Federal Reserve held interest rates steady on Wednesday, just weeks after President Donald Trump intensified calls for ...
Fed chair Jerome Powell cites 'uncertainty' as central bank holds key rate steady
Despite pressure from President Donald Trump to slash interest rates, the Federal Reserve was expected to stick to its ...
Federal Reserve leaves key rate unchanged as it sees risk of higher prices and higher unemployment
The Federal Reserve kept its key interest rate unchanged Wednesday, brushing off President Donald Trump’s demands to lower ...
Fed holds rates, sees risk of higher inflation and unemployment
Federal Reserve officials held interest rates steady for a third-straight meeting and emphasized they see a growing risk of ...
Trump’s tariffs put the Fed in a tough spot on interest rates and inflation
Federal Reserve Chair Jerome Powell had the economy on course for a soft landing. The president’s trade war threatens that.
The Fed held the line on interest rates. What does that mean for Californians?
Federal Reserve Chair Jerome Powell addresses the Economic Club of Chicago at a luncheon at the Hilton last month in Chicago.
WATCH LIVE: Powell holds press conference after decision on interest rates
Federal Reserve Chairman Jerome Powell will hold a news conference at 2:30 p.m. following his announcement of the Fed’s ...