Hosted on MSN

As Trump Calls For 3-Percentage Point Rate Cut, 'Too Late' Jerome Powell To Resign, June Fed Minutes Show 'Uncertainty' Reigns Supreme

As the minutes of the Federal Reserve’s June meeting were released on Wednesday, the word “uncertainty” reigned supreme amid the ongoing tariff turmoil and President Donald Trump‘s call to cut rates ...
CNBC

Fed meeting recap: Fed's starts stealth easing, Powell rules out hike and markets rally

This is CNBC's live blog covering the Federal Open Market Committee meeting and Chair Jerome Powell's press conference. The Federal Reserve announced Wednesday a quarter percentage point, or 25 basis ...
NPR

Fed holds interest rates steady, signals rate cuts of 0.5% later this year

The Federal Reserve held interest rates steady Wednesday, and signaled that it is on track to cut rates by 0.5 percentage point this year, even as policymakers wait to see how President Trump's ...
CNN

Money moves to make now that the Fed has cut rates (again)

For the second time this year, the Federal Reserve on Wednesday decided to lower its key interest rate by a quarter of a percentage point. Federal Reserve Chair Jerome Powell noted during a briefing ...
USA Today

The Fed cut interest rates. How quickly will you notice changes?

After a lengthy pause, the Federal Reserve on Sept. 17 announced a quarter percentage point cut to its benchmark interest rate. Economists say it is likely the first in a series of reductions that ...
CNBC

Fourth-quarter GDP revised down to just 0.7% growth; January core inflation was 3.1%

GDP rose at a seasonally and inflation-adjusted annual rate of just 0.7% in the fourth quarter, according to a Commerce Department revision Friday. The first revision of the GDP reading was a sharp ...