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In a dissent not seen in three decades, two Fed governors wanted to cut interest rates and here is why

Federal Reserve Governors Bowman and Waller dissented from this week's decision to hold interest rates steady and explained why they would've cut rates by 25-basis-points.

USA TODAY · 2d

Did the Fed cut interest rates Wednesday? No, but here's when they might

Interest rates for credit cards to mortgages have jumped since the Fed began fighting inflation in 2022. Here's where experts think rates are headed.

NBC News on MSN · 2d

Fed holds interest rates steady as two Trump appointees vote to cut them

Fed Chair Jerome Powell said the economy is solid — and that it's also too early to tell how tariffs will affect it.

Trump Rages at Fed Chair Powell

ABC News on MSN · 2d

Fed holds interest rates steady, Chair Powell says Fed independence 'very important'

The Federal Reserve held interest rates steady on Wednesday, just days after President Donald Trump made an unusual visit to the central bank, calling for a rate cut. Speaking at a press conference in Washington, D.C., on Wednesday, Fed Chair Jerome Powell advocated for the independence of the Federal Reserve.

HuffPost · 1h

Trump Claims He 'Most Likely' Will Not Fire Fed Chair Jerome Powell

President Donald Trump claimed Friday he “most likely” will not fire Federal Reserve Chair Jerome Powell, despite persistently goading him to leave his post. Trump has publicly criticized the Fed chair for months for keeping interest rates steady despite the president’s insistence that Powell lower them.

U.S. News & World Report · 22h

Trump Says Fed's Powell Should Be Put 'Out to Pasture'

U.S. President Donald Trump and Federal Reserve Chair Jerome Powell speak during a tour of the Federal Reserve Board building, which is currently undergoing renovations, in Washington, D.C., U.S., July 24,

Fed Governor Adriana Kugler resigns early in boost for Trump

CNBC on MSN · 22h

Fed Governor Kugler is resigning, giving Trump a nominee on committee that sets interest rates

Kugler's term was set to expire at the end of January 2026. A Biden nominee, she joined the Board of Governors in September 2023, filling the unexpired term of Lael Brainard, who left to serve as an Biden economic advisor. As a governor, Kugler was a permanent voter on the rate-setting Federal Open Market Committee.

Bloomberg on MSN · 19h

Fed Governor Kugler to Resign, Opening Spot for a Trump Pick

Federal Reserve Governor Adriana Kugler will step down from her position on the central bank’s board, the Fed announced Friday, handing President Donald Trump a sooner-than-anticipated opportunity to install a new policymaker who aligns with his vision for interest rates.

The Wall Street Journal on MSN · 21h

Federal Reserve Governor Adriana Kugler to Resign

Kugler’s departure creates an opportunity for President Trump to nominate a potential successor to Fed Chair Jerome Powell.

2don MSN

Federal Reserve holds key interest rate steady for fifth straight meeting despite Trump's pressure

The Fed left its benchmark interest rate unchanged following its July policy meeting amid uncertainty over the impact of ...

22hon MSN

Weakening US jobs market hits center of Fed rate policy debate

Surprisingly weak July hiring data released on Friday highlighted a fractious Federal Reserve debate over whether the central ...

2don MSN

Federal Reserve holds its benchmark rate steady at today's FOMC meeting

The Fed is maintaining its benchmark interest rate in the range of 4.25% to 4.5%, where it's been parked since December.

Fed Keeps Rates Steady Despite Internal Divisions and Political Pressure

The central bank kept interest rates steady for a fifth straight meeting, despite badgering from President Trump. It has ...

Fed leaves short-term rates the same but it doesn't mean all rates aren't budging

The Federal Reserve keeps short-term rates the same in July, holding rates as is for the fifth meeting in a row. What's next ...

23hon MSN

Trump Will Remake the Fed. Lower Rates Are Just the Start.

President Donald Trump wants the Federal Reserve to cut interest rates by a lot, quickly. He will get that, and probably much ...

22h

Municipal Bonds Rally as Investors Bet on Earlier Fed Rate Cut

Municipal bonds are rallying on Friday, along with US Treasuries, after softer US jobs data spurred bets that the Federal ...

23hon MSN

Is credit card debt forgiveness still worth it with interest rates paused?

Fed rates stayed put in July, but does that change the route you should take to deal with your credit card debt?

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