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Fed holds interest rates steady, 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 ...

Trump: Fed Board Should Assume Control if Powell Won't Lower Interest Rates

WASHINGTON (Reuters) -U.S. President Donald Trump said on Friday the Federal Reserve board should assume control if Fed Chair ...

Weak Jobs Report Raises Chances of a September Interest Rate Cut

The Federal Reserve held rates steady in July but two governors dissented, saying they had concerns about labor market ...

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 ...

Trump blasts Powell after Fed votes to keep interest rates steady

President Trump blasted Federal Reserve Chair Jerome Powell on Thursday, lodging insults at the head of the central bank for ...

Powell says Fed does not consider government interest rate costs in policy debate

U.S. Federal Reserve Chair Jerome Powell on Wednesday said there is no place for the central bank to consider government ...

'Drag him out': Senate Republicans call on Powell to lower rates after poor jobs report

Senate Republicans demand that Federal Reserve Chair Jerome Powell lower interest rates after a subpar July jobs report, with ...