News

Fed recap: Powell says no decision on September, must wait to see tariff impact on inflation
The central bank kept its target rate at a range of 4.25% to 4.50%, but two policymakers disagreed with the decision.
Fed Dissenters Defend Call for July Rate Cut as Trump Intensifies Attacks
The central bank this week kept interest rates steady for a fifth-straight meeting, prompting the first double dissent from ...
Fed holds rates steady but sees first double dissent in three decades
The Federal Reserve kept short-term interest rates at a level of 4.25 percent to 4.5 percent on Wednesday, but the vote saw ...
Powell stresses 'no decisions' made on September cut as Fed holds rates steady, defying Trump again
The Federal Reserve is widely expected to hold interest rates steady Wednesday amid internal divisions over the path of ...
Two Fed Governors Dissent From Policy Call for First Time Since 1993
For the first time in more than three decades, two Federal Reserve Board governors dissented on a central bank policy ...
Fed’s Powell sticks with patient approach to rate cuts, brushing off Trump’s demands
The Federal Reserve is leaving its key short-term interest rate unchanged for the fifth time this year, brushing off repeated ...
The Fed Splits Into Three Camps on Interest Rates. These Are the Dividing Lines.
Federal Reserve officials are split into three camps over what economic evidence they need before resuming interest-rate cuts ...
Powell downplays Fed board dissents: ‘Quite a good meeting’
Federal Reserve Chair Jerome Powell downplayed Wednesday the decision by two members of the central bank’s board to dissent ...