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Fed holds interest rates steady, Chair Powell says Fed independence 'very important'

The central bank has defied Trump’s public criticism for months. The Fed has held interest rates steady for seven consecutive ...

Despite Trump’s Pressure, Fed Holds Interest Rates Steady

This was the fifth consecutive meeting at which the Federal Open Markets Committee (FOMC) kept its benchmark Federal Funds ...

Fed’s Powell sticks with patient approach to rate cuts, brushing off Trump’s demands

The chair acknowledged that if the Fed cut its rate too soon, inflation could move higher, and if it cut too late, then the ...

Trump Says He Made a Mistake Naming Powell Fed Chair

After repeatedly criticizing Federal Reserve Chair Jerome Powell for not lowering interest rates sooner, President Donald ...

Powell Cites Inflation Risk as Fed Holds Interest Rates Steady

Federal Reserve Chair Jerome Powell said interest rates are in the right place to manage continued uncertainty around tariffs ...

Did the Fed cut interest rates Wednesday? No, but here's when they might

Interest rates for credit cards to mortgages have jumped since the Fed began fighting inflation in 2022. Here's where experts ...