News

Philadelphia Fed Manufacturing Index: Activity Remained Weak In June
The index was unchanged at -4.0, marking the third straight negative reading. The latest reading was worse than the forecast ...
Fed Governor Waller says central bank could cut rates as early as July
Federal Reserve Governor Christopher Waller spoke Friday on CNBC’s “Squawk Box.” This is breaking news. Please refresh for ...
The Fed Waits Out the Tariff Economy; BOE Mirrors Fed by Holding Rates
Fast-forward to 2025, and the U.S. is running record deficits outside of wars, recessions or crises. The nation's publicly held debt is nearing 100% of gross domestic product and is projected to ...
The Fed held interest rates steady, but some credit card APRs keep going up. Here's why
Although the Federal Reserve hasn’t moved its benchmark since December, the average card rate keeps edging higher.
The Fed is set to make its next rate decision today. Here's what to expect.
The Federal Open Market Committee — the 12-member group that sets rate decisions — will meet on June 17-18. The FOMC's decision will be announced on Wednesday, the second day of the meeting.
Wisconsin Farmer3d
Bankers in Wisconsin, other Midwest states report more demand for loans, lower repayment rates
Wisconsin farmers and producers across the Midwest had more debt and less capital to start the year, increasing the stakes ...
Could the Federal Reserve lower interest rates and mortgage rates? Analysts weigh in
The Chicago fed CEO in a Des Moines visit says mortgage rates could come down in nine to 12 months. Other experts aren't so sure ...
Why this week's Fed meeting likely won't help stocks break out to new highs
The question now is whether an inflation spike is still on the way, how Fed officials might react to this, and whether they'll need to keep rates at current levels for longer or cut borrowing costs as ...
Trump calls Fed chair a 'numbskull' as he pushes for interest rate cut
President Donald Trump cited new inflation data in continuing to pressure Federal Reserve Chair Jerome Powell to lower ...
Crain's Chicago Business15d
Chicago Fed president goes hunting for inflation clues in the heartland
On-the-ground insights have become especially valuable over the last few months as uncertainty about trade and other policies cloud the outlook for inflation.
Investopedia15d
Trump Wants the Fed to Cut Interest Rates by a Full Point. That Normally Takes a Recession
Saul Loeb / AFP via Getty Images President Donald Trump demanded the Federal Reserve lower its benchmark interest rate by an entire percentage point. The Fed, which operates independently of White ...