The Federal Reserve on Wednesday left its key interest rate unchanged, a widely expected move that comes despite enormous pressure from the Trump administration to lower it. The Fed, in a statement announcing the decision, said that economic growth had moderated in the first half of the year but that inflation remained “somewhat elevated.” Two Federal Reserve officials, both appointed …
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Fed unlikely to cut benchmark interest rates, though economic policy schism emerges
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 …
Read More »Fed expected to leave interest rates unchanged as US GDP exceeds forecasts | US interest rates
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 …
Read More »A divided Fed will keep rates steady, but might signal future cuts – The Washington Post
A divided Fed will keep rates steady, but might signal future cuts The Washington Post Fed Governors Could Break Ranks as Trump Intensifies Powell Pressure – WSJ The Wall Street Journal The Fed is unlikely to cut rates Wednesday, but this meeting is packed with intrigue CNBC Here’s where the economy stands as the Fed makes its interest rate decision USA Today The Fed …
Read More »The Fed will likely keep rates steady despite Trump’s push : NPR
Federal Reserve Chair Jerome Powell (right) and his colleagues are expected to leave interest rates unchanged Wednesday, despite calls for lower rates from President Trump. The president toured the central bank’s headquarters renovation project with Powell last week. Chip Somodevilla/Getty Images hide caption toggle caption Chip Somodevilla/Getty Images The Federal Reserve is expected to hold interest rates steady on Wednesday …
Read More »The Fed is expected to hold rates steady as Trump pushes for a cut
The Federal Reserve has so far resisted President Donald Trump’s aggressive pressure campaign to throw inflation concerns out and attempt to boost the U.S. economy with lower interest rates. That’s expected to continue Wednesday, as the central bank is expected to leave interest rates unchanged. If so, that’s likely to annoy Trump, who is already reshaping the global economy with …
Read More »The Fed is unlikely to cut rates, but this week’s meeting is packed with intrigue
U.S. Federal Reserve Chair Jerome Powell attends the Federal Reserve’s Integrated Review of the Capital Framework for Large Banks Conference, in Washington, D.C., U.S., July 22, 2025. Ken Cedeno | Reuters Considering nothing is likely to happen when it comes to major policy decisions, this week’s Federal Reserve meeting is packed with intrigue. When the Federal Open Market Committee releases …
Read More »Jerome Powell had a surprise visit from Trump. He’s poised to leave interest rates unchanged anyway
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 …
Read More »Federal Reserve likely to stand pat on rates this week, deepening the gulf between Powell and Trump
WASHINGTON (AP) — 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 …
Read More »Scientists sound alarm on airborne threat behind surge in dementia rates
A silent but deadly threat is hanging in the air, and scientists now believe it may be quietly impairing the brains of millions of Americans. A recent decade-long study tracking over 1.2 million older adults in California found a direct link between exposure to wildfire smoke and a sharp rise in dementia diagnoses. The findings raise new concerns about the long-term …
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