News

A vacancy on the Fed is opening early as Trump urges board to ‘assume control’ if Powell doesn’t cut rates
In the press conference following the Fed’s decision to keep rates unchanged, Powell hesitated to guide toward a rate in the ...
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 ...
Fed Governor Kugler is resigning, giving Trump a nominee on committee that sets interest rates
Her resignation now paves the way for Trump to put his own nominee in for the Board of Governors. Two of his prior ...
Weakening US jobs market hits center of Fed rate policy debate
Surprisingly weak July hiring data released on Friday highlighted a fractious Federal Reserve debate over whether the central ...
Here's the case for lower rates from the Fed's 2 dissenting voices
The Fed opted against cutting rates, but a rare dissent from two governors says the central bank risks being too late amid a ...
The Fed Splits Into Three Camps on Interest Rates. These Are the Dividing Lines.
Federal Reserve officials are split into three camps over what economic evidence they need before resuming interest-rate cuts ...
Is credit card debt forgiveness still worth it with interest rates paused?
Fed rates stayed put in July, but does that change the route you should take to deal with your credit card debt?
Canadian dollar pares weekly decline as Fed rate cut bets surge
The Canadian dollar rebounded from a two-month low against its U.S. counterpart on Friday as weaker-than-expected U.S. jobs ...