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Fed, Trump and Jerome Powell

Associated Press News on MSN · 2d

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 calls from President Donald Trump for a cut.

Fed Won't Budge on Interest Rate Cut Despite Trump's Demand for Mortgage Relief

As was widely expected, Fed policymakers on Wednesday left the central bank's overnight rate unchanged at a range of 4.25% to 4.5%.

Washington Examiner on MSN · 1d

Don’t expect big interest rate cuts immediately after Powell is replaced at Fed

President Donald Trump is set to replace outgoing Federal Reserve Chairman Jerome Powell when his term ends next year. But that doesn’t mean interest rates will come down right away, as Trump might want.

3d

Did the Fed cut interest rates Wednesday? No, but here's when they might

Interest rates for credit cards to mortgages have jumped since the Fed began fighting inflation in 2022. Here's where experts ...

3d

Powell Cites Inflation Risk as Fed Holds Interest Rates Steady

Federal Reserve Chair Jerome Powell said interest rates are in the right place to manage continued uncertainty around tariffs ...

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