Tag Archives: Interest

Alarming jobs report makes potent case for the Fed to cut interest rates  Axios Fed governors Bowman, Waller explain their dissents, say waiting to cut rates threatens economy  CNBC Fed Dissenters Defend Call for July Rate Cut as Trump Intensifies Attacks on Powell  The New York Times Fed holds rates steady but sees first double dissent in three decades  The Hill Powell didn’t just …

Dr. Adriana Kugler, member of the Board of Governors of the Federal Reserve, speaks to The Economic Club of New York in New York City, U.S., June 5, 2025. Kylie Cooper | Reuters Federal Reserve Governor Adriana Kugler announced Friday she is stepping down from her role at the central bank, creating an important vacancy at a time when President …

In a move that everyone was expecting, U.S. Federal Reserve Chairman Jerome Powell disappointed Donald Trump again yesterday by refusing to cut the base interest rate. Indeed, a hawkish Powell even used the dreaded r-word (“raise”)—having suggested he is responsive enough to calls to “look through” tariff-induced inflation by not increasing interest rates, a notion which likely would have sent …

Good morning. You’re reading the Up First newsletter. Subscribe here to get it delivered to your inbox, and listen to the Up First podcast for all the news you need to start your day. Today’s top stories Federal Reserve policymakers voted 9-2 yesterday to keep interest rates steady, despite President Trump’s months-long call for them to be lowered. The benchmark interest rate, which affects …

WASHINGTON (AP) — Two top Federal Reserve officials could dissent from the central bank’s likely decision Wednesday to hold its key interest rate steady, a sign of division at the Fed that reflects the economy’s muddy outlook and possibly the jockeying to replace Chair Jerome Powell when his term ends in May 2026. Based on their public comments in the …

The US Federal Reserve will announce its latest decision on interest rates today amid intense pressure from Donald Trump to lower rates. Despite an onslaught of attacks from the White House against the Fed, officials at the central bank are expected to leave rates unchanged. Data released on Wednesday underlined the resilience of the US economy, which bounced back faster …

ARKANSAS STATE POLICE RELEASE NEW PHOTO OF PERSON OF INTEREST IN DEVIL’S DEN DOUBLE HOMICIDE; PUBLIC URGED TO HELP IDENTIFY MAN  Arkansas Department of Public Safety (.gov) Police release photo of person of interest in Devil’s Den murders  Yahoo Home Suspect on the run after killing couple hiking with their 2 kids at Arkansas’ Devil’s Den State Park: Police  ABC News New photo …

An apparent conflict of interest has emerged over the Sex and the City star Sarah Jessica Parker’s judging of this year’s Booker prize. A production company run by the actor is reportedly in the process of developing a book written by Claire Adam, whose second novel, Love Forms, appears on this year’s longlist, announced on Tuesday. Adam’s debut novel, Golden …

Arkansas State Police releases new photo of ‘person of interest’ in Devil’s Den double homicide  KNWA FOX24 Police release sketch of a person of interest in the killing of couple hiking with their 2 children in an Arkansas park  CNN Devil’s Den killings: Everything we know right now  KHBS Manhunt intensifies for Arkansas suspect likely injured in fatal attack of couple  Fox News Arkansas …

The Federal Reserve is expected to leave its short-term interest rate unchanged on Wednesday for the fifth straight meeting, a move that will likely underscore the deep divide between how Chair Jerome Powell and his chief critic, President Donald Trump, see the economy. The Fed itself, to be sure, is increasingly divided over its next steps, and many economists expect that two …