News

July FOMC Meeting: Ruling Nothing Out
At its July meeting, the Federal Open Market Committee (FOMC) decided to keep its benchmark policy rate unchanged at ...
Here's the case for lower rates from the Fed's 2 dissenting voices
The Fed opted against cutting rates, but a rare dissent from two governors says the central bank risks being too late amid a ...
Jamie Dimon doubles down on Powell despite Trump criticism, saying an independent Fed means lower rates
"Independence keeps interest rates lower, if you actually look through the history of interest rates a little bit," Dimon ...
July FOMC: Fed Pause Continues, September Cut Odds Fall On Hawkish Tone
The Fed holds rates steady at 4.25%–4.50%, emphasizing inflation risks and labor market strength. Click for more on the ...
Fed policy decision generates most governor dissents since 1993
The Federal Reserve's decision to hold interest rates steady following the end of a two-day policy meeting on Wednesday ...
Trump calls on Federal Reserve board to wrest full control of central bank from Fed Chair Powell
President Donald Trump is calling for the Federal Reserve’s board of governors to usurp the power of Fed Chair Jerome Powell.
Trump to appoint new Fed board member after governor Kugler announces resignation
Federal Reserve governor Adriana Kugler is stepping down from the central bank's board, giving President Donald Trump the ...
Trump urges Fed board to ‘assume control’ if rates not cut
President Trump called on the Federal Reserve board to 'assume control' if Chair Jerome Powell does not lower interest rates, ...
Read the July FOMC Statement
Although swings in net exports continue to affect the data, recent indicators suggest that growth of economic activity ...