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 First Time in Nine Months

The Federal Reserve on Wednesday cut interest rates by a quarter point, signaling further reductions at its remaining two meetings this year, after President Trump continued urging the central bank to loosen monetary policy.   Trump has repeatedly criticized the...