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Fed lowers key interest rate by quarter point as inflation eases but pace of cuts may slow
After a September half-point cut, the reduction would bring the benchmark federal funds rate down three-quarters of a point ...
CBS News on MSN1d
Fed Chair Jerome Powell says he won't resign if Donald Trump asks him to step down
Fed Chair Jerome Powell responded with a one-word answer when asked if he'd step down if asked by President-elect Donald ...
Trump is poised to make the Fed's job a lot harder
Trump's plans for tariffs could stoke inflation and make the Fed's interest-rate decisions more complicated.
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Fed rate cuts aren't stopping high-yield checking account from offering rates as high as 8% APY — for now
Its September meeting marked the first time the Fed had cut its rates in several years. As a result, high-yield savings ...
Fed Meeting Today: FOMC Cuts Rates Again; Powell Says He Will Refuse to Resign if Trump Asks
The Federal Reserve cut interest rates by a quarter of a percentage point on Thursday in a move that preserves flexibility as ...
Trump has promised lower interest rates. That will be largely out of his control.
While Trump has sought to pressure the Fed to cut rates, consumer rates on mortgages and other loans are determined by a ...
Fed's Kashkari: Both political parties want inflation lower
WASHINGTON (Reuters) -Minneapolis Federal Reserve President Neel Kashkari said he was not concerned about a potential clash ...