Fed pauses interest rate cuts as inflation, Trump's plans create uncertainty
The Federal Reserve kept its key interest rate unchanged as officials grappled with uncertainty caused by inflation and ...
The Fed is pausing interest rates as most investors expected — and stocks decline on the news
The meeting went as expected, with no changes to interest rates. But the S&P 500 broad index of large cap stocks declined on ...
Here's What Markets Now Expect for 2025 Fed Rate Cuts—And What It Means for Savings and CD Rates
If the Federal Reserve lowers its benchmark rate this year, it will push savings and CD rates lower. Here's what we learned today about how likely that seems right now.
Stocks don't need another Fed rate cut as much as they need this right now
"I think the market can live with where rates are now, as long as the 10-year rate is stable," said Keith Lerner, co-chief investment officer at Truist Advisory Services, in a call following the Fed ...
Powell pushes back on Musk's claim Fed is 'absurdly overstaffed'
Federal Reserve Chair Jerome Powell pushed back on billionaire Elon Musk's claim the central bank is "absurdly overstaffed," ...
Trump says Powell and Fed ‘failed to stop the problem they created’ on inflation
President Donald Trump wasted no time criticizing the Fed after it held rates steady Wednesday, arguing Jerome Powell and the ...
Fed guided by economic goals and the law, not politics, says Powell
Fielding a range of questions about the imprint of the Trump administration on the U.S. central bank, Federal Reserve Chair ...
Wall Street slips after the Federal Reserve keeps interest rates steady
U.S. stocks slipped after the Federal Reserve held its main interest rate steady and broke a run of cuts that began in ...
Powell takes wait and see approach on interest rates — drawing angry response from Trump
There is so much uncertainty over potential tariffs and fiscal policy that “keeping things steady looks like the prudent move ...
The Fed Held Rates Steady, Hitting Pause After a Series of Cuts
The central bank’s decision to pause at its first meeting of 2025 followed a series of cuts that began in September to ...
Fed Hits the Pause Button, Awaits Further Data Amid Policy Uncertainty
Part of Powell’s reticence on the Fed’s path forward stems from the high degree of policy uncertainty. Most importantly, ...