The Federal Reserve left interest rates unchanged, despite relentless attacks from President Trump, who wants borrowing costs to be much lower.
Central bankers cut rates three times last year, but are cautious about lowering borrowing costs any further due to a weakening job market. President Donald Trump has said his pick for a new Fed Chair ...
The meeting will mark the first since Federal Reserve Chair Jerome Powell confirmed he is under investigation by the ...
Competition among smaller banks and credit unions has pushed the leading APY up to 4.50% ...
Thanks to its latest decision on Wednesday – its final one for 2025 – the Federal Reserve has now reduced its key overnight lending rate by 1.75 percentage points since it began its rate-cutting cycle ...