Interest rates

U.S. 03/16/20, 03:24

The Federal Reserve (Fed) on Sunday, March 15, decided to drop interest rates to essentially zero and restart a quantitative easing program from Monday in an emergency move to aid the U.S. economy amid the coronavirus outbreak. Accordingly, Fed will lower ...

Business 09/18/19, 21:11

The Federal Reserve (Fed) decided to lower interest rates on Wednesday, Sept. 18, to help provide insurance for U.S. economy against ongoing risks, but the cut was small, inciting a sharp rebuke from President Donald Trump. After a two-day policy meeting, ...

Politics 09/03/19, 14:15

President Donald Trump has warned that “China’s supply chain will crumble and businesses, jobs, and money will be gone” if he keeps the U.S. presidency next year without a trade deal by that time. The new warning comes as U.S. officials ...

Business 08/28/19, 06:11

President Donald Trump continued to keep up pressure on the Federal Reserve (Fed), criticizing the central bank for letting U.S. exporters struggle in a climate of high interest rates and a strong dollar. “The Federal Reserve loves watching our manufacturers struggle ...

U.S. 08/01/19, 07:20

The Federal Reserve (Fed) cut its interest rate for the first time in more than a decade on Wednesday, July 31, but it appears that that didn't satisfy President Donald Trump who wants more aggressive action from the central bank. The ...

U.S. 07/26/19, 21:54

The U.S. economy grew at a slower rate in the second quarter, strengthening the possibility of an interest rate cut as the central bank will meet to set its policies next week. In a report on Friday, July 26, the Commerce ...

Business 07/22/19, 14:22

President Donald Trump has once again pushed the Federal Reserve (the Fed) to lower interest rates, one week before its Federal Open Market Committee (FOMC) will hold the next policy-setting meeting. In a series of tweets on Monday morning, July 22, ...

U.S. 07/06/19, 15:14

President Donald Trump aimed at the Federal Reserve and criticized it twice on Friday, July 5, saying the U.S. economy would have a chance to rocket if the Federal Reserve were to cut interest rates. Speaking to reporters at the White ...

U.S. 07/03/19, 04:01

President Donald Trump announced on Twitter he plans to pick two new nominees to the Federal Reserve Board after his two earlier choices withdrew from consideration. In a couple of tweets late Tuesday, July 2, President Trump said he intends to ...

U.S. 06/21/19, 06:52

The U.S. stock market went up Thursday, June 20, driving a benchmark index to a new record high despite tensions over Iran's attack on a U.S. drone. The S&P 500 rose 27.7 points, or 0.95%, to a record close of 2,954.18, ...

U.S. 06/20/19, 05:17

The Federal Reserve (Fed) decided to hold interest rates steady Wednesday, June 19, saying that information it has received since May indicates the labor market remains strong and economic activity is rising at a moderate rate. But the central bank ...

Business 06/17/19, 10:59

Jerome Powell has tantalized the financial world with the prospect that the Federal Reserve he leads may soon cut interest rates for the first time in over a decade. Probably not quite yet, though. When the Fed issues a policy statement Wednesday ...

Business 06/04/19, 19:23

The Dow Jones Industrial Average jumped more than 500 points Tuesday as investors welcomed signs that the Federal Reserve may cut interest rates to help buttress U.S. economic growth in the face of escalating trade wars. Optimism about a resolution to ...

Business 06/04/19, 09:41

Chairman Jerome Powell said Tuesday that the Federal Reserve is prepared to respond to the Trump administration's trade conflicts to protect the U.S. economic expansion if it decides that would be necessary. Powell's comments came at a conference in Chicago on ...

Business 05/20/19, 19:49

Federal Reserve Chairman Jerome Powell said Monday that the central bank is closely monitoring a sharp rise in corporate debt but currently does not see the types of threats that triggered the 2008 financial crisis. In remarks to a banking conference ...

Business 04/30/19, 23:56

The Federal Reserve is all but sure to keep interest rates on hold Wednesday — and for the foreseeable future — even as President Donald Trump keeps up his attacks on the Fed for not cutting rates. The Fed will likely ...

Business 03/21/19, 02:15

So much for those worries about rising interest rates.Just a few months ago, rising rates were bearing down on everyone from home buyers to stock investors after the Federal Reserve put through seven quarter-point increases in 2017 and 2018. But ...

Business 03/20/19, 23:41

The Federal Reserve sent a stark message Wednesday: The economy is slowing. And it won't be raising interest rates anytime soon. The Fed left its key short-term rate unchanged and projected no rate hikes this year, reflecting a dimmer view of ...

Business 03/20/19, 02:22

The Federal Reserve is expected to end its latest policy meeting Wednesday by refining its new overarching message that it plans to be "patient" about any further interest rate hikes. The Fed is all but sure to keep its key short-term ...

Business 03/19/19, 10:11

The Federal Reserve is considered sure to leave its key short-term interest rate unchanged Wednesday and to stress its new watchword — "patient"— in conveying its intention to leave rates alone for the foreseeable future. The Fed has made clear that ...