News

Canadian dollar weakens as interest rate spreads widen
The Canadian dollar edged lower against its U.S. counterpart on Wednesday as oil prices fell and interest rate spreads moved ...
Trump calls on Fed to cut rates, saying prices of 'practically everything' are down
U.S. President Donald Trump on Tuesday repeated his call for the Federal Reserve to lower interest rates, saying prices for ...
Inflation falls and the trade war stalls: What it means for Fed interest rate cuts
The Federal Reserve has been playing a waiting game for months. A lot has changed this week. And the Fed will probably just ...
Trump calls on ‘Too Late Powell’ to cut interest rates after benign inflation report—but impact of tariffs is yet to hit
April's inflation report will be welcome news to the FOMC—but that doesn't mean the Powell-led group will cut interest rates.
Fed Holds Interest Rates Steady in Defiance of Trump's Call for a Cut—What It Means for Mortgage Rates
The post Fed Holds Interest Rates Steady in Defiance of Trump's Call for a Cut—What It Means for Mortgage Rates appeared ...
Powell says Fed can wait to lower interest rates again. But will it wait too long?
Jerome Powell said the Federal Reserve can wait to see which effect from Trump's tariffs is worse - high inflation or a weak ...
Fed keeps interest rates steady amid concerns on tariffs’ economic risks
The Fed is expected to leave interest rates unchanged Wednesday, choosing caution as President Trump’s trade upheaval rattles ...
Federal Reserve Keeps Key Interest Rate Unchanged
As widely expected, the Federal Reserve left it's key interest rate unchanged Wednesday, staying firmly in "wait and see" ...
Before resuming interest rate cuts, Fed official seeks 'a lot' more good inflation reports
Chicago Fed chief Austan Goolsbee called the April inflation report 'comforting' but said he needs to see several more as officials consider rate cuts ...
The Fed leaves its key interest rate as is. Here’s how you can benefit
The Trump administration’s tariffs regime has disrupted markets, darkened the outlook for employers and businesses and ...
Trump calls Fed Chair Jerome Powell a "fool" for keeping interest rates steady
President Trump on Thursday criticized Federal Reserve Chair Jerome Powell for holding interest rates steady at the Fed's May ...
Fed Doesn’t Cut Interest Rates Again—Despite Trump’s Demands—As It Warns Of Higher Unemployment Risk
The Fed is in a “good place to wait and see” before moving on interest rates, Powell said Wednesday. “We don't think we need ...