Powell says Fed not 'in a hurry' to cut interest rates with 'economy remaining strong'
Federal Reserve Chair Jerome Powell will tell the Senate banking committee the Fed isn't "in a hurry" to resume its interest rate cutting campaign.
Powell says Fed ‘well positioned’ for the ‘risks and uncertainties’ that lie ahead
The Federal Reserve is prepared to keep its key interest rate unchanged for now as inflation remains elevated and the job ...
As Musk, Trump administration target CFPB, Democrats defend consumer watchdog's impact
The Consumer Financial Protection Bureau, an independent agency formed in the wake of the 2008 financial crisis to safeguard ...
Key takeaways from Fed Chair Jerome Powell’s congressional hearing
America’s central bank is in no rush to slash interest rates any time soon, Federal Reserve Chair Jerome Powell told lawmakers Tuesday. Powell also faced a barrage of questions about the Consumer ...
Winnipeg Free Press1d
Little to no relief from high borrowing costs expected as Fed Chair Powell heads to the Hill
The odds of further interest rate cuts this year by the Federal Reserve dwindled last week as unemployment fell and more ...
Bank Stress Tests Now Feature Less Stress
The Federal Reserve on Wednesday released new scenarios for its next annual stress-test examination of big banks, and some early reviews are in on Thursday: “Less strenuous.” “Less harsh.” This annual ...
CNN5d
Treasury Secretary Scott Bessent wants to bypass the Fed to lower interest rates
The rates Americans pay on mortgages, credit cards and other kinds of loans are largely based on that of the 10-year Treasury yield. While the Fed’s monetary ... quite risky now because of ...
Struggling with bad credit? How the Trump administration affects personal finances
The Trump administration’s policies could indirectly impact borrowing costs. Also, the costs of goods and services could rise ...
Arizona Capitol Times17h
Lawmaker proposes change to legislative immunity provision
A Prescott Valley legislator wants to ask Arizonans if they are fed up with providing a form of immunity to colleagues who ...
Wall Street Journal3d
Why This Bank Is Volunteering to Take the Fed’s Stress Test
M&T Bank, the Buffalo-based bank that is a major commercial property lender, is actually opting in to take part in the Federal Reserve’s 2025 ... And it can do that now, rather than wait another ...
MarketWatch4d
After U.S. jobs data, fed-funds futures show greater chance Fed stays on pause in March
Federal-funds futures were indicating Friday morning that the Federal Reserve will likely continue ... there is every reason to keep rates on hold for now.
Business Insider1d
Best CDs Right Now to Maximize Your Savings
The Federal Reserve maintained interest rates last month ... Term Credit unions offer many of the best current CD rates right now. But don't worry — anyone is eligible to join these credit ...