News

Trump has given Powell ‘no motivation to cooperate’ says former White House commerce secretary—he might now be paying the price for it
Trump's former commerce secretary, Wilbur Ross, tells Fortune that President Trump has given the Fed an unwinnable dilemma.
Powell doesn't bow to Trump pressure; US Fed keeps interest rate unchanged - here's what the FOMC statement said
The Federal Reserve decided to maintain the federal funds rate at 4.25%-4.50%, assessing incoming data and economic outlook.
A divided Fed is expected to hold rates steady, defying Trump's calls for a cut
The Federal Reserve is widely expected to hold interest rates steady Wednesday amid internal divisions over the path of ...
Powell, on Dissents, Says Fed Values Clear Thinking and Expression
When asked about Wednesday’s dissents from two Fed governors and Trump appointees, Michelle Bowman and Christopher Waller, Powell tells reporters that the majority of Federal Open Market Committee mem ...
Why Today’s Fed Meeting Might Be Different From Any Other This Century
That is how many Federal Reserve policy meetings have gone by since more than one governor dissented in an interest-rate vote ...
The maker of Tide and Charmin said it will raise prices in part because of tariffs
Procter & Gamble, the maker of several household staples including Tide detergent and Charmin toilet paper, is hiking prices ...
North American Morning Briefing: Stock Futures Little Changed Ahead of Fed Rate Decision
The dollar fell against a basket of currencies after reaching a one-month high Tuesday. Investors await the Federal Reserve's policy decision while focus is also on U.S. second-quarter economic growth ...