interest rates News

Federal Reserve Governor Adriana Kugler Announces Resignation, Effective August 8, 2025

Adriana Kugler resigns as Federal Reserve governor effective August 8, 2025, leaving a key vacancy during President Trump's push for lower interest rates. She returns to Georgetown...

Jamie Dimon Urges Caution on Federal Reserve's Interest Rate Decisions Amid Market Uncertainties

JPMorgan Chase CEO Jamie Dimon advises caution on the Federal Reserve's interest rate decisions, warning of underestimated inflation risks and overestimated rate cut probabilities,...

Fed Maintains Interest Rates Amid Economic Uncertainty, Sparks Debate Among FOMC Members

The U.S. Federal Reserve has opted to keep interest rates unchanged at 4.25 to 4.50 percent, citing economic uncertainty and inflation concerns. The decision reveals divisions with...

Federal Reserve's Steady Rates Spark Mixed Reactions in US Treasury Yields

US Treasury yields reacted mixedly to the Federal Reserve's decision to keep rates steady, with long-term yields falling and short-term yields rising. Investors weigh robust GDP gr...

Gold Prices Surge 1% as Fed Holds Rates Steady, Fueling Safe-Haven Demand Amid Uncertainty

Gold prices rose 1% as the Federal Reserve kept interest rates unchanged, dampening hopes for a rate cut and pushing investors towards safe-haven assets amid economic and geopoliti...

Bank of Japan Holds Steady: Interest Rates Remain Unchanged at 0.50% Amid Market Expectations

The Bank of Japan has maintained its short-term interest rate target at 0.40% to 0.50%, in line with market expectations. This decision, the fourth in a row without change, follows...

Federal Reserve Holds Steady: Interest Rates Remain Unchanged Amid Economic Uncertainty

The Federal Reserve has decided to keep interest rates unchanged between 4.25% and 4.5% for the fifth time in a row, amid mixed economic signals including moderated growth and soli...

Powell Stands Firm: Fed's Rate Decisions Unswayed by US Debt Cost Concerns

Federal Reserve Chair Jerome Powell dismisses concerns over interest rates impacting US debt costs, affirming the Fed's focus on employment and price stability, independent of poli...

Powell Uncertain on Future Fed Rate Decisions Amid Mixed Economic Signals

Federal Reserve Chair Jerome Powell discusses the uncertainty surrounding future interest rate decisions, emphasizing the Fed's reliance on government data and commitment to its in...

Federal Reserve Holds Steady: Treasury Yields Surge Amid Political Pressure

Following the Federal Reserve's decision to keep interest rates steady at 4.25%–4.5%, Treasury yields saw a significant increase. The 30-year, 10-year, and two-year notes all exper...

Stocks Dip as Fed's Powell Dampens September Rate Cut Expectations

U.S. stocks mostly closed lower after Fed Chair Jerome Powell hinted at no September rate cuts, with tech earnings and currency movements also in focus.

Federal Reserve's Stance on Interest Rates Sparks Market Downturn: Dow Plummets 360 Points

Federal Reserve Chair Jerome Powell's comments on no imminent interest rate cuts led to a market downturn, with the Dow dropping 360 points. Powell also discussed the impact of tar...

Hassett Predicts Fed Rate Cuts Amid Data Dependency and Global Trade Optimism

Kevin Hassett discusses the Federal Reserve's potential rate cuts based on data trends and expresses optimism about US trade negotiations with India, Canada, and China.

Bessent Predicts No Fed Rate Cut Today, Calls for More Creative Economic Strategies

US Treasury Secretary Bessent anticipates no rate cut by the Federal Reserve today, suggesting the Fed needs more creativity in its economic strategies. He and President Trump prai...

Gold Prices Take a Hit: Drops Over 1% as Investors Await Federal Reserve's Interest Rate Decision

Gold prices dropped over 1% as investors await the Federal Reserve's interest rate decision, with other precious metals also seeing declines. The market's reaction highlights the u...

Fed Holds Steady: Interest Rates Unchanged Amid Trade War and Inflation Concerns

The Federal Reserve is anticipated to keep interest rates unchanged, amidst global trade uncertainties and inflation concerns. President Trump's calls for rate cuts contrast with r...

Wall Street Ends Mixed Amid Trade Deal Optimism and Fed Rate Decision Anticipation

Wall Street closed mixed as traders reacted to a new US-EU trade deal and awaited the Fed's rate decision. The Dow Jones dipped slightly, while the Nasdaq 100 gained. The euro fell...

Federal Reserve's Secrecy Upheld: Court Denies Public Access to Critical Rate-Setting Meeting

A US court rejected a lawsuit seeking to make the Federal Reserve's rate-setting meeting public, highlighting tensions between the Trump administration and Fed Chairman Jerome Powe...

Trump Urges Immediate Rate Cuts by Fed Chair Powell Amid Economic Success Claims

President Donald Trump advocates for Federal Reserve rate cuts during a meeting in Scotland, comparing US policies with global strategies and emphasizing the economic benefits of s...

ECB's Growing Concerns Over Economic Growth: A Shift Towards Cautious Measures?

Olli Rehn of the ECB highlights growing concerns over economic growth, suggesting a cautious future approach. The ECB has decided to keep interest rates steady, marking a pause in ...

OMB Director Vought Clarifies: Federal Reserve Review Aims Beyond Powell's Position

OMB Director Russell Vought reassures that the Federal Reserve's review isn't about firing Chair Jerome Powell, while urging for lower interest rates, following President Trump's v...

Trump Criticizes Federal Reserve Building Renovation, Advocates for Lower Interest Rates

Donald Trump criticizes the Federal Reserve building renovation during a visit with Jerome Powell and Tim Scott, calling for lower interest rates and questioning the project's cost...

Exclusive: House Committee Investigates Federal Reserve Building Renovation Amid Funding Concerns

The House Committee on Financial Services is probing the Federal Reserve's building renovation, amid funding concerns raised by the White House and President Trump. The investigati...

ECB Maintains Steady Rates Amid Global Trade Uncertainties and Economic Resilience

The ECB has kept its rates unchanged, citing declining domestic price pressures and slower wage growth. Despite economic resilience, global trade disputes add uncertainty. The APP ...

ECB's Christine Lagarde Warns: Unpredictable Trade Tensions Could Undermine Inflation Targets

ECB President Christine Lagarde discusses the unpredictable impact of trade tensions on inflation, as the ECB opts to keep interest rates unchanged amid global uncertainties.

ECB's Lagarde Declares Victory Over Inflation: A New Era for the Eurozone Economy?

ECB President Christine Lagarde announces the end of major inflationary shocks in the Eurozone, with inflation reaching the 2% target and the economy showing signs of growth. Howev...

European Markets React as ECB Holds Rates Steady Amid Economic Uncertainties

European markets closed mostly higher as the ECB left interest rates unchanged. Economic data showed mixed results across the Eurozone, with business activity hitting an 11-month h...

ECB to Maintain Interest Rates Amid Rising Trade Tensions Between EU and US

The European Central Bank is expected to hold interest rates steady due to escalating trade tensions between the EU and US, and concerns over the euro's strength impacting economic...

AI-Generated Fake Resignation Letter of Fed Chair Jerome Powell Sparks Controversy on X

A fake resignation letter from Federal Reserve Chair Jerome Powell to President Trump, suspected to be AI-generated, circulated on X, sparking debates and shares among politicians ...

Janet Yellen Criticizes Trump's Fed Pressure, Warns of Economic Risks

Janet Yellen warns that Trump's pressure on the Fed for rate cuts could harm the economy, stressing the need for the central bank's independence and fact-based decision-making.

Bessent Urges Comprehensive Review of Federal Reserve Amid Trump Administration Scrutiny

US Treasury Secretary Scott Bessent advocates for a comprehensive review of the Federal Reserve by the Trump administration, amidst discussions on interest rates and Fed leadership...

Chicago Fed's Austan Goolsbee Voices Concern Over Tariffs Fueling Goods Inflation

Chicago Fed President Austan Goolsbee warns of tariffs increasing goods inflation, noting potential interest rate cuts in the next year during a podcast discussion.