Divided Fed holds key interest rate steady, defying Trump’s demands for aggressive cuts
WASHINGTON – A divided Federal Reserve on Wednesday voted to keep its benchmark interest rate steady, despite a barrage of ...
Tag: Breaking news
Palo Alto Networks stock falls 8% after announcing $25 billion Cyberark deal
Palo Alto Networks will take over Israeli identity security provider CyberArk in a deal valued at roughly $25 billion.The California-based ...
Bessent says Powell doesn’t need to resign but should conduct internal review
Federal Reserve Chairman Jerome Powell arrives for the Integrated Review of the Capital Framework for Large Banks Conference at the ...
Trump backs further away from firing Powell: ‘He’s going to be out pretty soon anyway’
President Donald Trump on Tuesday continued his barrage of criticism against the Federal Reserve but seemed to take a step ...
Powell asks inspector general to review $2.5 billion renovation after Trump blasts Fed project
Construction on the Marriner S. Eccles Federal Reserve building in Washington, DC, US, on Wednesday, June 25, 2025. Al Drago ...
Trump budget chief Vought ramps up criticism of Powell, vows investigation into Fed renovations
Office of Management and Budget Director Russell Vought vowed Friday to press an investigation into renovations at the Federal Reserve ...
Fed considering changes to what constitutes a ‘well-managed’ bank
The Federal Reserve building is seen before the Federal Reserve board is expected to signal plans to raise interest rates ...
Most Fed officials see rate cuts coming, but opinions vary widely on how many, minutes show
Federal Reserve officials diverged at their June meeting about how aggressively they would be willing to cut interest rates, split ...
Watch Fed chief Jerome Powell speak at an ECB panel in Portugal
Federal Reserve Chairman Jerome Powell is set to speak at a European Central Bank forum on Tuesday.The panel, which is ...
Watch Fed Chair Powell testify live on interest rate policy before House committee
Federal Reserve Chair Jerome Powell delivers his semiannual monetary policy testimony to congressional leaders, starting Tuesday with an appearance before ...
