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Lawmakers press Fed chair on rates

The Associated Press on MSN · 19m

Fed Chair Jerome Powell says rate cut is on hold even 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 said Tuesday, a stance directly at odds with

USA TODAY on MSN · 3h

Will Fed chair shift stance on interest rates? How Powell will respond to Trump pressure

For the time being, we are well positioned to wait to learn more about the likely course of the economy before considering any adjustments to our policy stance,” Powell told the House Financial Services Committee.

CBS News on MSN · 7h

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

Federal Reserve Chair Jerome Powell reiterated his view that the central bank should keep interest rates steady for now, citing inflation risks from U.S. tariffs. Powell, who made his remarks in prepared testimony Tuesday before the House Committee on Financial Services,

2h

NY Fed’s Williams Says Monetary Policy Is Still Well Placed

New York Fed President John Williams said the central bank’s interest-rate stance is “entirely appropriate” as uncertainty ...

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 ...

14hon MSN

The Fed's Interest Rate Cuts Foreshadowed the Recent Stock Market Correction. Here's What Might Happen Next.

Now, with the most recent CPI reading (for May 2025) coming in at an annualized rate of just 2.4%, the Fed has penciled in ...

9h

Powell says tariffs likely to boost inflation, mum on future rate cuts

Federal Reserve Chairman Jerome Powell on Tuesday gave little sign of when U.S. interest rates will be reduced again, telling ...

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