News

Fed Doesn’t Cut Interest Rates Again—Despite Trump’s Demands—As It Warns Of Higher Unemployment Risk
The Fed is in a “good place to wait and see” before moving on interest rates, Powell said Wednesday. “We don't think we need ...
Trump's message to Fed, Powell after CPI: 'Lower the rate'
President Donald Trump had the Federal Reserve in his sights once again Tuesday following the release of [mild consumer-inflation data]( ...
Powell says Fed can wait to lower interest rates again. But will it wait too long?
Jerome Powell said the Federal Reserve can wait to see which effect from Trump's tariffs is worse - high inflation or a weak ...
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Fed Meeting Keeps Interest Rates High. Here's Why That's a Big Deal for Your Finances
As expected, interest rates didn't budge today. You can blame tariffs. At the conclusion of its May 6-7 meeting today, the ...
The Fed leaves its key interest rate as is. Here’s how you can benefit
The Trump administration’s tariffs regime has disrupted markets, darkened the outlook for employers and businesses and ...
House GOP's Lucas backs Fed chair Powell: 'He's done an exceptional job'
A prominent House Republican who is in charge of a monetary policy task force told Yahoo Finance he still supports Jerome ...
Fed holds interest rates steady as the central bank weighs impact of Trump tariffs
The Federal Reserve is again leaving its benchmark interest rate at 4.25% to 4.5%, citing rising economic uncertainty.
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Federal Reserve ends enforcement action vs. Illinois bank
The Federal Reserve Board terminated a written agreement with Du Quoin State Bank from 2023. The order had stemmed from the bank's deficient interest rate risk management.
Fed to stay patient amid cooling trade war and inflation
Tamer-than-expected inflation and a significant de-escalation of a U.S.-China trade war are easing fears of a sharp squeeze ...