News

Fed holds rates steady but sees first double dissent in three decades
The Federal Reserve kept short-term interest rates at a level of 4.25 percent to 4.5 percent on Wednesday, but the vote saw ...
Fed recap: Powell says no decision on September, must wait to see tariff impact on inflation
The central bank kept its target rate at a range of 4.25% to 4.50%, but two policymakers disagreed with the decision.
Trump urges Fed board to ‘assume control’ if Jerome Powell doesn’t slash rates soon
President Trump took fresh aim at the chairman following the central bank’s decision to keep interest rates unchanged.
Economist Warns Fed Could Hike Interest Rates Despite Trump Calls for Cut
The Fed's rate-setting committee is scheduled to meet later this week as Trump continues to push for looser monetary policy.
Powell stresses 'no decisions' made on September cut as Fed holds rates steady, defying Trump again
The Federal Reserve held interest rates steady Wednesday for the fifth meeting in a row as two Fed governors dissented, ...
From Basel To Baffling: It’s Time To Simplify Bank Capital Rules
Bank capital rules are incredibly complex and costly. They will never guarantee financial stability. A radical simplification ...
Fed spearheads effort to ease 'Basel III endgame' capital requirements, Bloomberg News reports
The Federal Reserve has begun developing a new risk-based capital rule aimed at easing the burden on the largest U.S. banks ...
The Fed Splits Into Three Camps on Interest Rates. These Are the Dividing Lines.
Federal Reserve officials are split into three camps over what economic evidence they need before resuming interest-rate cuts ...