News

Federal Reserve Chair Jay Powell has reiterated that rate decisions will be data-driven — by inflation, and employment.
President Donald Trump’s pressure campaign against the Federal Reserve and Chair Jerome Powell to lower interest rates ...
The central bank remains cautious, even as calls for rate cuts grow louder from the White House and other policymakers.
The U.S. central bank’s decision to hold interest rates steady in June was unanimously supported, but officials were starting ...
Federal Reserve officials diverged at their June meeting about how aggressively they would be willing to cut interest rates.
The newly published meeting minutes highlighted a divide over how Federal Reserve officials expect the economy to respond to ...
Fed Chair Jerome Powell has sketched out new conditions that could trigger rate cuts by summer’s end, but inflation remains a ...
New Zealand's central bank held the benchmark interest rate at 3.25% on Wednesday, noting near-term inflation risks, but said ...
The market currently projects an interest rate cut in the fall, though two Fed officials floated the possibility of a rate ...
Only "a couple" of officials at the Federal Reserve's June 17-18 meeting said they felt interest rates could be reduced as soon as this month, with most policymakers remaining worried about the ...
Fed Governor Christopher Waller and Fed Vice Chair for Supervision Michelle Bowman have since said they felt rates could fall ...
The Federal Reserve cut interest rates in 2024 after having raised them 11 times throughout 2022 and 2023 to combat inflation, but savings rates still haven't substantially declined.