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Powell Says Fed Rate Cut Is on Hold Even

CBS News on MSN · 21h

Fed Chair Powell holds firm on interest rates, resisting pressure to cut

Federal Reserve Chair Jerome Powell reiterated his view that the central bank should keep interest rates steady for now, citing inflation risks from U.S. tariffs. Powell, who made his remarks in prepared testimony Tuesday before the House Committee on Financial Services,

Powell says Fed can wait to reduce interest rates as Trump demands cuts

The Federal Reserve will continue to wait and see how the economy evolves before deciding whether to reduce its key interest rate, Chair Jerome Powell says, a stance directly at odds with President Do

Investors Bet on September Rate Cuts After Powell Testimony

Comments made by Federal Reserve Chair Jerome Powell on Tuesday have solidified the idea that the Federal Reserve will slash interest rates in September, having kept them at between 4.25% and 4.5% for all of 2025 so far.

Fed's Bowman open to cutting rates at Jul. policy meeting

Mortgage Interest Rates Today: Mortgage Ticks Down to Four-Week Low Ahead of Fed Meeting

The average rate on 30-year fixed home loans from Freddie Mac edged down again to 6.81% for the week ending June 18.

Fed's Bowman open to cutting rates at July policy meeting

Federal Reserve Vice Chair for Supervision Michelle Bowman, recently tapped by President Trump as the U.S. central bank’s top bank overseer, said Monday the time to cut interest rates is getting nearer as risks to the job market may be on the rise.

The Financial Times · 1d

Federal Reserve official Michelle Bowman calls for interest rate cut as soon as July

Vice-chair for financial supervision says Donald Trump’s tariffs will have smaller effect on inflation than feared

CNET on MSN17h

Interest Rates Are Sizzling This Summer. Here's How You Can Cash In

When you lock up your savings into a CD for a set term and leave it untouched, your earnings are guaranteed. Your APY won't ...

2h

BTZ: Income Fund That May Benefit From Interest Rate Cuts

BlackRock Credit Allocation Income Trust offers a high 9.4% yield and trades at a discount to NAV. Find out why BTZ is a Hold ...

2d

Federal Reserve holding interest rates steady delays relief for consumers this summer

Recession worries are building once again, as some consumers fear the prospects of higher prices and continued high interest ...

1don MSN

Trump says US interest rates should be at least two to three points lower

U.S. President Donald Trump said on Tuesday that interest rates in the country should be lowered by at least two to three ...

6don MSN

Federal Reserve holds its benchmark interest rate steady at today's FOMC meeting

The Federal Reserve said Wednesday it will maintain the benchmark interest rate at its current range of 4.25% to 4.5% ...

6don MSN

Fed holds interest rates steady: What that means for your credit cards, auto loans, mortgage and more

The Fed’s decision to hold rates steady still has far-reaching implications for almost all forms of borrowing as well as the ...

23hon MSN

Moroccan central bank keeps benchmark interest rate steady at 2.25%

The Moroccan central bank held its benchmark interest rate steady at 2.25%, saying current borrowing costs were consistent ...

15hon MSN

Why the small chance of a Fed interest-rate hike could burn investors, says rates analyst

Investors face risks from a possible Federal Reserve interest-rate hike, as well as sharp cuts, in the months ahead, says ...

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