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Federal reserve

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Aug 21

Notes from Fed's July meeting show officials widely divided on rate cut

By Martin Crutsinger, Associated Press

Some argued for a bigger rate cut, while others insisted the Fed should not cut rates at all.

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Aug 19

Trump calls on Federal Reserve to cut interest rates

By Martin Crutsinger, Associated Press

Trump is calling on the Federal Reserve to cut interest rates by at least a full percentage point "over a fairly short period of time."…

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Aug 02

U.S. adds 164,000 jobs, unemployment holds steady at 3.7 percent

By Josh Boak, Associated Press

The pace of hiring has slowed this year, but one reason is that a growing share of Americans already have jobs.

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Aug 01

Fed chief struggles to manage a wild card: Trump trade wars

By Josh Boak, Associated Press

After the Federal Reserve cut interest rates Wednesday for the first time in a decade, Chairman Jerome Powell made a striking acknowledgement: In the Trump era, the Fed faces a steep learning curve.

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Jul 31

Watch 5:32
Why Trump attacked his Fed chair after 1st interest rate cut in years

The Federal Reserve cut a key short-term interest rate for the first time in a decade, lowering the federal funds rate a quarter point. It had raised that rate, which reflects what banks charge each other for loans, in December.

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Jul 31

Column: The Fed is lowering interest rates, but so are market forces

By Paul Solman

Is the Fed solely responsible for driving down interest rates? There's plenty of reason to think the answer is no.

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Jul 31

WATCH: Federal Reserve cuts key rate for first time in a decade

By Martin Crutsinger, Associated Press

The central bank cut its benchmark rate — which affects many loans for households and businesses — by a quarter-point to a range of 2 percent to 2.25 percent.

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Jul 31

3 things to watch at the Federal Reserve as it's poised to cut interest rates

By Martin Crutsinger, Associated Press

The Fed under Chairman Jerome Powell has signaled a belief that uncertainties and threats unleashed by President Donald Trump's trade war and by a global slowdown justify a Fed rate cut.

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Jul 25

European Central Bank joins Fed in paving way for stimulus

By David McHugh, Associated Press

The ECB's rate-setting board left its key interest benchmarks unchanged at a policy meeting Thursday but said it could cut them as its next move.

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Jul 11

3 ways Trump disagrees with Fed chair Powell on the economy

By Gretchen Frazee

From trade tensions to the unemployment rate, Powell’s comments to lawmakers on Capitol Hill this week stood in contrast to the statements Trump has repeatedly made about the economy.

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