News

The Federal Reserve is unlikely to lower its benchmark interest rate at its two meetings this summer, several bank ...
Minneapolis Federal Reserve president Neel Kashkari said Wednesday that the ... to pour cold water on any hopes for near-term rate cuts amid the market turmoil triggered by President Trump's ...
"There's a level of anxiety, again, I haven't seen since COVID hit," Kashkari said. Asked about Trump pressuring Fed Chair Jerome Powell to cut interest rates, Kashkari said monetary policy ...
Federal Reserve Bank of Minneapolis President Neel Kashkari on Wednesday said that ... the Fed's response to tariffs will be a series of rate cuts, starting as soon as next month.
The Fed is currently neutral on interest rates but could resume cuts later this year. If you're house hunting, here's how ...
Despite their differences, the Federal Reserve and President Trump appear to have one very important thing in common: Both are on pause. The Fed on Wednesday is expected to leave interest rates ...
President Trump has been pushing the Federal Reserve to cut interest rates, writing on social media last month that the central bank has been "TOO LATE AND WRONG" in holding off on further reductions.
A rate cut at either the Federal Reserve’s May or June meeting seems more unlikely Thursday after the most prominent dovish member of the U.S. central bank suggested he was in no hurry to move.
As of Wednesday afternoon, there's only a 58% chance the Fed will cut its short-term interest rate at its late July meeting, according to the CME FedWatch tool. The FedWatch tool tracks the ...
The Federal Reserve Board cut interest rates by half a point in a surprise announcement Tuesday, March 3, in an attempt to combat the "evolving risks to economic activity" caused by the ...
And yesterday, to many folks’ chagrin, the Federal Reserve decided not to cut and hold interest rates steady instead. By now, you’ve probably read a handful of takes on the central bank’s ...