Donald Trump, Jerome Powell and interest rates
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Chicago Fed chief Austan Goolsbee called the April inflation report 'comforting' but said he needs to see several more as officials consider rate cuts
As widely expected, the Federal Reserve left it's key interest rate unchanged Wednesday, staying firmly in "wait and see" mode.
Policymakers cited economic uncertainty from Trump’s trade war for keeping the Fed funds rate between 4.25% to 4.5% range, where it has been since December.
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Scripps News on MSNFederal Reserve’s upcoming decision on interest rates in spotlight as trade war continuesFederal Reserve Chair Jerome Powell will reveal the central bank's interest rate decision at the conclusion of a critical two-day meeting this week.
The Federal Reserve is finding fewer reasons to get out of its interest rate holding pattern with constantly evolving trade policy from the White House.
The Federal Reserve announced that it is leaving a key interest rate unchanged amid uncertainty over inflation and the labor market amid trade turmoil due to tariffs.
These are today's mortgage and refinance rates. If inflation goes up as a result of tariffs, mortgage rates may rise this year.
Treasury yields climbed on Wednesday — sending the two-year note’s to the highest level since March — as traders further pared wagers on more than one Federal Reserve interest-rate cut by year-end.