News

Fed dissenters appeared alone in favoring rate cut at July meeting, minutes show

The two Federal Reserve policymakers who dissented against the U.S. central bank decision's to leave interest rates unchanged ...

'Upside down economically': Here's why the housing market probably won't get more affordable if the Fed cuts rates

Fed rate cuts are unlikely to lower borrowing costs for American homebuyers, according to one CIO. Mortgage rates and home ...

Trump calls on Fed Governor Lisa Cook to resign after mortgage fraud allegations

President Trump escalated his attacks on the Federal Reserve by demanding the resignation of Fed Governor Lisa Cook over ...

Fed officials see inflation just around the corner — and think consumers will bear the burden, minutes show

Federal Reserve officials believe inflation from new tariffs is just around the corner, and that American consumers are going ...

Fed minutes show tariff inflation fears outweighed jobs market in July rate decision

Minutes from the Fed's July policy meeting revealed policymakers prioritized tariff-driven inflation risks over labor market ...

Fed Officials Split Over How to Read Economic Signals

Minutes from the Federal Reserve’s July meeting showed policymakers grappling with a slowing labor market and inflation that ...

Trump Turns Up the Heat. Fed Chair Jerome Powell Tries to Keep His Cool.

The president and his allies accuse Powell of dragging his feet on interest-rate cuts, in a caustic and unprecedented ...

Fed explores surprising new tech to transform payments

The Federal Reserve is conducting technical research on the latest innovations, including tokenization, smart contracts, and ...