News

Shockingly bad jobs report reveals a monthslong stall and may trigger Fed rate cuts soon. ‘Powell is going to regret holding rates steady’

U.S. payrolls grew by just 73,000 last month, well below forecasts, but downward revisions to prior months stunned Wall ...

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 ...

Uncertainty about economy’s future is keeping Fed rate cuts on hold

The US economy has been resilient six months into President Donald Trump’s tariff regime with low unemployment, a return to ...

Waiting for a Fed rate cut? Chair Powell offered few signals of one, economists say

Nothing tariffs are starting to push up prices, Powell said the Fed is already “looking through” goods inflation by not ...

Fed holds interest rates steady, Chair Powell says Fed independence 'very important'

The Federal Reserve held interest rates steady on Wednesday, just days after President Donald Trump made an unusual visit to ...

Fed Keeps Rates Steady Despite Internal Divisions and Political Pressure

The central bank kept interest rates steady for a fifth straight meeting, despite badgering from President Trump. It has ...

The Fed’s September Rates Decision Just Got More Complicated

Before Friday, traders saw only a 38% chance of a rate cut at the Fed’s September meeting. After the numbers dropped, odds ...

Fed Governor Kugler is resigning, giving Trump a nominee on committee that sets interest rates

Federal Reserve Governor Adriana Kugler announced Friday she is stepping down from her role at the central bank, creating an ...