The Latest Breaking News from the Federal Open Market Committee

Fed Chair Jerome Powell threw cold water on investor hopes for another interest rate cut in December, stressing that the Federal Open Market Committee remains deeply divided and that the road ahead is clouded by data gaps and conflicting risks between the central bank’s objectives.

The Federal Reserve decides to slash interest rates again, with inflation rising and unemployment ticking up

The July Fed meeting came and went, with Fed Chair Powell saying little about a September rate cut and President Trump.

The White House believes tariffs are a win for American voters, but Sen. Warren tells Fortune the policy has driven up tariff-vulnerable costs, delayed manufacturing investment, and forced the Fed to keep interest rates higher than it otherwise would.

Federal Reserve Governor Christopher Waller just made the case for cutting interest rates at the Federal Open Market Committee's July meeting.

Jerome Powell actually wears two hats: He is chair of the Fed’s Board of Governors and chair of the Federal Open Market Committee.

Kansas City Federal Reserve President Jeff Schmid said on Tuesday that the central bank has sufficient time to analyze rising import tariff impacts on inflation and economic growth before implementing further interest rate cuts.What Happened: “The current posture of monetary policy, which has been characterized as ‘wait-and-see,’ is appropriate,” Schmid…

The Federal Open Market Committee said it "judges that the risks of higher unemployment and higher inflation have risen."

Jerome Powell, Tom Barkin, Jeff Schmid, and Lorie Logan have said they’ll wait for data before axing the interest rate—not what President Trump wants.