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Jerome Powell says Fed rate cut is on hold even

CBS News on MSN · 1d

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

Federal Reserve Chair Jerome Powell, who is testifying before Congress this week, said tariffs are "likely to push up prices."

NBC News on MSN · 1d

Fed chairman Jerome Powell testifies amid ongoing Trump attacks over interest rates

President Donald Trump wants interest rate cuts. Federal Reserve Chair Jerome Powell says that cannot happen yet. Those two competing visions were set for a collision course Tuesday as Powell provides regularly scheduled testimony to the Republican-controlled House Financial Services Committee.

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

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.

Another Fed Official Says a July Rate Cut Could Be in the Cards

Federal Reserve Vice Chair for Supervision Michelle Bowman said Monday she would support cutting interest rates as soon as July. Fed governor Christopher Waller last week also suggested a July cut is on the table if inflation data continues to improve.

CNET on MSN19h

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 ...

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 ...

4h

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 ...

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% ...

17mon MSN

Fed's Powell cautions against ending Fed power to pay interest on reserves

Federal Reserve Chairman Jerome Powell said Wednesday that the central bank's power to pay interest on cash that banks park ...

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 ...

17hon 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 ...

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 ...

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