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Fed won't cut rates today, despite pressure from Trump

ABC News on MSN · 7h

Fed holds interest rates steady, defying pressure from Trump

Despite pressure from the White House, Powell is widely expected to hold interest rates steady, according to the CME FedWatch Tool, a measure of market sentiment. The central bank's benchmark interest rate currently stands at an elevated level of between 4.25% and 4.5%.

CBS News on MSN · 1d

Trump wants the Fed to cut rates on Wednesday. Will Jerome Powell oblige?

President Trump wants the Federal Reserve to cut interest rates. Here's what experts predict at the central bank's May 7 meeting.

USA TODAY · 7h

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

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

Fed, interest rate

The Associated Press on MSN · 28m

Federal Reserve leaves key rate unchanged as it sees risk of higher prices and higher unemployment

The Federal Reserve kept its key interest rate unchanged Wednesday, brushing off President Donald Trump’s demands to lower borrowing costs, and said that the risks of higher unemployment and higher inflation have risen.

FOX 35 Orlando · 8h

Fed rate and tariffs: Why interest is unchanged again, and what it means for you

Despite the Trump administration’s push for a rate cut, The Fed announced Wednesday it’s holding steady – and the president’s tariffs were a big deciding factor.

Investopedia on MSN · 8h

Federal Reserve Keeps Key Interest Rate Unchanged

Key Takeaways The Federal Reserve kept the central bank's key interest rate in a range of 4.25% to 4.5%, the same as it's been since December.The Fed has been waiting to see how President Donald Trump's tariffs affect the economy before making any moves.

11mon MSN

Live updates: Powell says tariff uncertainty looms as Fed holds rates

Secretary of the Treasury Scott Bessent returns to Capitol Hill on Wednesday, to testify in the House for a second day. His ...

1hon MSN

Fed Warns Trump Tariffs May Increase Inflation, Unemployment

Federal Reserve Chair Jerome Powell warned that Trump’s tariff regime could lead to increased inflation and unemployment, and ...

2hon MSN

Fed chair Powell says 'economy is doing fine' despite declining consumer sentiment

Federal Reserve Chair Jerome Powell on May 7 said "the economy is doing fine" during a news conference after the Federal Open ...

1h

Federal Judge Casts Doubt on Trump Arguments in Venezuelan Migrants Case

The judge pressed a lawyer for the Justice Department on the government’s role and responsibilities in the men’s deportation ...

13hon MSN

As investors await first Fed decision since ‘liberation day’ tariffs, China is a ‘fulcrum’ in markets

On Wednesday, the Fed will conclude its first policy meeting since President Donald Trump rocked markets with his “liberation ...

4hon MSN

Fed chair Jerome Powell cites 'uncertainty' as central bank holds key rate steady

Despite pressure from President Donald Trump to slash interest rates, the Federal Reserve was expected to stick to its wait-and-see approach.

Make These 4 Crucial Money Moves Before Wednesday's Fed Decision

Banks tend to follow the Fed's lead when setting CD rates. A rate pause means there's still time to score a high annual ...

5don MSN

What To Expect From Wednesday's Federal Reserve Meeting

Key Takeaways The Federal Reserve is widely expected to hold its key interest rate steady on Wednesday, as officials wait to ...

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