News

Fed sticks with forecast of two interest-rate cuts this year despite new inflation worries
In an updated forecast, Fed officials now see core PCE inflation jumping to 3.1% by the end of the year from the current 2.5% ...
Powell sticks it to Trump on interest rates — and beyond
President Trump joked that he should appoint himself Fed chair — but Jerome Powell showed him who is really in charge of ...
Borrowers looking for lower costs will have to wait as the Fed is unlikely to cut rates
When the Fed reduces its rate, it often — though not always — leads to lower costs for consumer and business borrowing, ...
What the Fed's New Rate Outlook Signals for 2025 Savings and CD Rates
If the Federal Reserve cuts its benchmark rate this year, it will push savings and CD rates lower. Here's what the central ...
Fed Stays the Course as Divisions Creep In
Fed officials and economists broadly expect the president’s expanded use of tariffs—most of which are the subject of ...
24/7 Wall St. on MSN11m
This Is What the Fed Just Said About a Raise in Social Security Checks
Key Points The Fed confirmed that inflation is still elevated. The central bank decided to hold interest rates steady. While ...
US Fed keeps rates steady but pencils in two cuts by end of 2025; Powell sees ‘meaningful’ inflation ahead
WASHINGTON] The US central bank held interest rates steady on Wednesday and policymakers signaled borrowing costs are still likely to fall in 2025, but Federal Reserve Chair Jerome Powell cautioned ...
The Business Times22m
US: Stocks flat after Fed decision as markets eye Iran
Wall Street stocks ended little changed on Wednesday after the Federal Reserve kept interest rates steady, while markets ...
Charles Payne: Something Is Wrong With The Labor Market That Is Not Showing Up In Official Fed Data
FOX Business host Charles Payne said the Fed should cut interest rates in an interview with FOX News host Sandra Smith on "America Reports." SANDRA SMITH, FOX NEWS: Inflation has slowed significantly, ...
Markets live updates: US interest rates held steady as Federal Reserve cuts growth outlook, ASX to fall
The Federal Reserve has left rates unchanged despite Donald Trump's calls for cuts, and it now sees a slightly slower pace of easing. Follow the day's events and insights from our business reporters ...
Average long-term US mortgage rate eases to 6.81%, the third consecutive weekly decline
The average rate on a 30-year U.S. mortgage eased for the third week in a row, a welcome trend for prospective homebuyers at ...