News

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 ...
Economic fears of investors are here — and fed by Trump’s reaction
For months, the U.S. economy appeared to be weathering the disruptive effects of President Donald Trump’s trade and ...
Mortgage Rates Dropped Ahead of This Week's Fed Meeting—But the Link May Be Weaker Than You Think
Mortgage rates have dropped, but it's not likely tied to the latest Fed news. Here’s why waiting for a Fed rate cut could be ...
Fed Governors Michelle Bowman and Christopher Waller wanted 25-basis-point cut at this week's meeting
Federal Reserve Governors Bowman and Waller dissented from this week's decision to hold interest rates steady and explained ...
Weakening US jobs market hits center of Fed rate policy debate
Surprisingly weak July hiring data released on Friday highlighted a fractious Federal Reserve debate over whether the central ...
Trump Will Remake the Fed. Lower Rates Are Just the Start.
President Donald Trump wants the Federal Reserve to cut interest rates by a lot, quickly. He will get that, and probably much ...
Did the Fed just royally screw up?
“The labor market has become less dynamic and shows increasing signs of fragility,” Bowman wrote, adding that just few ...
Fed's reticence on rate cuts forces market to rethink outlook
The Federal Reserve's decision to avoid signaling imminent rate cuts despite relentless political pressure underscores its ...