News

Fed likely to leave rates unchanged as US job market cools but doesn't crumble
Federal Reserve policymakers have already signaled they are in no rush to cut interest rates, and a government report on ...
Jobs Report Bolsters Fed’s Patient Approach on Rate Cuts, Drawing Trump’s Ire
President Trump said his pick for the next Federal Reserve chair was coming soon as he stepped up his attacks on Jerome H.
Trump's 'Big, Beautiful Bill' Will Add $2.4 Trillion in Debt, CBO Predicts—as President Again Calls for Fed Chair Jerome Powell To Lower Rates
The president's budget proposal sits with the Senate, but whether it'll listen to the CBO's findings remains to be seen.
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Mortgage Predictions for June: Why High Interest Rates Won't Budge This Summer
Despite concerns over a potential recession and pressure from the White House, the Fed won't lower interest rates this summer ...
Fed’s Kugler looks to hold rates steady as she warns of higher inflation from Trump's tariffs
Federal Reserve governor Adriana Kugler warned Thursday she sees the risk of higher inflation from tariffs and supports ...
ECB Cuts Rates for Eighth Time, Widening Gap With Fed
FRANKFURT—The European Central Bank reduced its key interest rate to the lowest level since early 2023, and signaled it is ...
Chicago Fed chief: Iowa, with its manufacturing and ag jobs, highly affected by tariffs
The head of the Chicago Federal Reserve says tariffs cast uncertainty over Iowa's economy due to its reliance on agriculture ...
Europe cuts its interest rate as inflation drops below target
The European Central Bank on Thursday cut its main interest rate again, citing falling inflation.