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The Federal Reserve left its key interest rate unchanged at 4.25% to 4.5% and offered no clues on whether it will resume its rate cuts in September.
Nothing tariffs are starting to push up prices, Powell said the Fed is already “looking through” goods inflation by not raising rates. That “could be pushback to those who might want lower rates now," ...
Maintaining the elevated federal funds rate makes borrowing more expensive, but the alternative is artificially cheap money, malinvestment, and inflation.
The U.S. central bank held interest rates steady on Wednesday and Federal Reserve Chair Jerome Powell's comments after the ...
Most economists agree that a central bank that sets interest rates to keep government borrowing costs low is a central bank ...
The S&P 500 closed lower Wednesday as the Federal Reserve left interest rates unchanged, even as two policymakers ...
According to Buster Olney, the Cincinnati Reds are keeping a close eye on three Mets infielders: Brett Baty, Luisangel Acuña, ...
Under normal circumstances, a pair of dissents in favor of a rate cut would be taken as a sign the Fed is taking a dovish turn, Tom Essaye, editor of Sevens Report Research, wrote in a Tuesday note.
Trump has been less than subtle in urging the Fed to cut the rates it controls. Powell, in what has been a rare pushback ...
President Donald Trump is once again floating the idea of firing Federal Reserve Chairman Jerome Powell, ostensibly in ...
The Fed’s decision on interest rates affects many types of consumer borrowing costs, from credit cards and mortgages to auto ...
Today's average mortgage rates on July 21, 2025, compared with one week ago. We use rate data collected by Bankrate as reported by lenders across the US.