Federal Reserve Holds Rates Steady

The Federal Reserve announced Wednesday it will hold interest rates steady, pausing its recent run of cuts. Chair Jerome Powell said the U.S. economy remains in good shape despite ongoing geopolitical tensions and tariffs.   The move keeps the benchmark rate...

Fed Cuts Rates for Third Time This Year

The Federal Reserve on Wednesday approved a quarter-point rate cut, its third of the year, signaling the move is likely the last for now.   The move was widely expected by investors but drew three dissents, the most since 2019. Fed Governor Stephen Miran...