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Trump calls Fed chair Powell a 'fool' after central bank stands pat on rates
U.S. President Donald Trump once again took aim at Federal Reserve chief Jerome Powell on Thursday. Read more here.
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Today's Mortgage Rates on May 8, 2025: Rates Jump Up After Fed Meeting
A series of rate cuts from the Fed could help mortgage rates fall in the long term, but don't expect them in the near future.
Global central banks diverge as tariff risks hamper US Fed
Big central banks are diverging as White House tariffs threaten to raise U.S. inflation and a dash out of the dollar sparks ...
May FOMC Meeting: Patient Fed Will Keep Waiting For More Clarity
The Fed kept rates unchanged at 4.25%–4.50%, emphasizing caution due to trade policy uncertainties and negative Q1 GDP growth ...
Fed holds interest rates steady, defying pressure from Trump
The Federal Reserve held interest rates steady on Wednesday, just weeks after President Donald Trump intensified calls for ...
What to know about the Fed’s decision.
The Federal Reserve stuck to a wait-and-see approach as officials brace for President Trump’s tariffs to stoke higher ...
Central banks in Europe keep easing on the agenda even as Fed stays firmly on hold
Europe's central banks stood in stark contrast to their U.S. counterpart on Thursday, cutting interest rates or hinting at ...
With the Fed in the rearview, stocks jump on signs Trump wants deals with China and U.K.
Global markets rallied broadly this morning after the U.S. Federal Reserve kept interest rates on hold yesterday and Fed ...