News

The Fed held interest rates steady, but some credit card APRs keep going up. Here's why
Although the Federal Reserve hasn't moved its benchmark since December, the average card rate keeps edging higher.
Fed Holds Interest Rates Steady After Trump Ripped Powell for Inaction
Fed policymakers left the central bank's overnight rate unchanged at a range of 4.25% to 4.5%, where it has remained since ...
Federal Reserve holds its benchmark interest rate steady at today's FOMC meeting
The Federal Reserve said Wednesday it will maintain the benchmark interest rate at its current range of 4.25% to 4.5% ...
Trump slams 'stupid' Fed Chair Jerome Powell ahead of interest rate decision
President Donald Trump slammed Chairman Jerome Powell as "stupid" before the central bank's interest rate announcement on ...
Federal Reserve again leaves interest rates unchanged, citing caution
The U.S. Federal Reserve held key interest rates steady Wednesday but said it still sees the possibility of two cuts later ...
Fed holds interest rates steady, brushing off Trump’s calls for big cuts
The central bank is waiting for clearer economic data amid uncertainty over President Donald Trump’s trade war and other ...
Federal Reserve leaves key interest rate unchanged for fourth straight meeting
The Federal Reserve left its benchmark interest rate unchanged at a 4.25% to 4.5% range at its June meeting, making it the fourth consecutive meeting in which it held rates steady.
The GENIUS Act Could Have Interest-Rate Implications. Here's How.
The Senate on Wednesday passed the GENIUS Act, a breakthrough for the cryptocurrency industry that could have a far-reaching ...
Trump appointee at Fed doubts tariffs will fuel inflation and aligns himself with president’s vocal backing for interest-rate cuts
Are worries about inflation caused by President Donald Trump’s tariffs on imported goods overblown? Federal Reserve governor ...