The Federal Reserve just left its benchmark rate frozen between 4.25% and 4.5% for a fifth straight meeting, at its July 30 vote. In a rare occurrence, Governors Michelle Bowman and Christopher ...

The possibility of interest rate cuts has remained in play this year, with the Fed itself saying in its closely watched dot-plot that it expected two rate cuts by the end of 2025 in June.

Fed keeps rates steady, despite historic contrary votes and Trump pressure It’s the first time since 1993 that multiple FOMC members have voted against a rate decision.

The central bank left its benchmark lending rate at a range of 4.25% to 4.5%, where it has been since December, but the decision wasn’t unanimous. Fed Governor Christopher Waller and Fed Vice ...

The Federal Reserve resisted pressure from the White House last week and left its policy rate unchanged. It was the right decision. As Chair Jerome Powell acknowledged, the case for a cut was a bit… ...

Federal Reserve holds key interest rate steady in July Central bank policymakers voted to keep the key interest rate at the target range of 4.25% to 4.50%, where it has been since December.

The Federal Reserve’s preferred inflation gauge ticked up slightly in June as tariffs on imports started raising the cost of some goods – dampening hopes for an interest rate cut in September.

The Fed has held interest rates steady this year, but with the CPI now a stone's-throw away from its annualized target of 2%, and the jobs market showing signs of weakness, Wall Street is betting ...

With the Fed's benchmark holding steady, the average rate on a five-year new car loan is 7.3%, near a record high, while the average auto loan rate for used cars is 10.9%, according to Edmunds.

On Wednesday, the Fed maintained its benchmark interest rate between 4.25% to 4.5%.

Jerome Powell, the Federal Reserve chair, at a hearing on Capitol Hill on Feb. 11, 2025. President Donald Trump has repeatedly called on the Fed to cut rates, though Powell has expressed concern ...