News

Trump says Powell costs US $900B a year in interest by not cutting rates. Is he right?
President Trump says Fed rate cuts would save the government as much as $900 billion a year in interest payments on its debt.
Atlanta Fed's Bostic warns tariff impacts could cause prolonged inflation
Atlanta Federal Reserve President Raphael Bostic warned that effects of President Donald Trump's tariffs could cause prolonged inflation rather than a one-time price spike.
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What interest rate hikes do to your mortgage payment
Interest rate increases hit homeowners where it hurts most – their monthly budget. While Federal Reserve decisions might seem ...
Federal Reserve holding interest rates steady delays relief for consumers this summer
Recession worries are building once again, as some consumers fear the prospects of higher prices and continued high interest ...
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 ...
Where Interest Rates Are Headed In The Second Half Of 2025
Key Takeaways The Federal Reserve has held its key interest rate steady this year due to uncertainty about the economic ...
Veteran fund manager drops bold July Fed interest rate prediction after jobs shocker
The debate over the Federal Reserve's reluctance to lower rates has intensified recently. Those hoping that the Fed would ...
Bessent Says Fed ‘A Little Off,’ Flags Signal From Two-Year Rate
Treasury Secretary Scott Bessent questioned Federal Reserve policymakers’ judgment on interest rates, reiterating his view ...