The Latest Breaking News from the Federal Open Market Committee

'It's a raise against Trump:' Despite inflation being ahead of target for five years, Trump brands latest hike as political

"The problem they have is that we have the greatest economy in history ... so they're raising that only for political reasons, and that's a raise against Trump."

Fortune · Sep 17

Fed Raises Rates a Quarter Point, First Increase Since 2023

The Federal Reserve raised its benchmark interest rate by a quarter percentage point on Wednesday, the first increase since July 2023. The Federal Open Market...

Saving Advice · Sep 16

Treasury Yields Stay Near Decades-High After Fed Pause. Long-Term Borrowing Costs Still Under Pressure

The benchmark 30-year Treasury yield remained near its highest level in almost two decades as markets weighed the Fed's latest policy decision, inflation data and expectations for additional rate hikes later this year.

International Business Times · Jul 30

Trump’s pick Kevin Warsh replaces Jerome Powell as Fed chair: What will happen to US interest rates next and why financial markets are watching closely

Kevin Warsh is set to become the new Federal Reserve chair. However, his influence on interest rates might be limited. The Federal Open Market Committee, a 12-member panel, ultimately decides on rate targets. Warsh will hold only one vote. Consensus building and persuasion are key to the chair's role. Financial…

The Economic Times · May 13

The FOMC has the power to pick its own chair and could keep Powell—unless the DOJ probe and Supreme Court let Trump oust him from the Fed

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

Fortune · Jan 12

No one’s happier about calls for a ‘back-seat’ Fed than Fed insiders who were targeted by the White House this year

“How much can truly change under a single administration?” I asked one source. “Three years is a long time yet,” came the response.

Fortune · Dec 29, 2025

December Fed Meeting: Updates and Commentary

The December Fed meeting is one of the last key economic events of 2025, with Wall Street closely watching what Chair Powell & Co. will do about interest rates.

Kiplinger · Dec 8, 2025

Stocks Slide As Powell Cools Rate-Cut Hopes: These 15 Stocks Are Feeling The Pinch

Stocks sold off late Wednesday after Fed Chair Jerome Powell pushed back on expectations for another interest rate cut in December, warning that such a move is "far from a foregone conclusion” as the Federal Open Market Committee remains divided and incoming data remains clouded by shutdown-related gaps.

Benzinga · Oct 29, 2025

Powell Cools Hopes For December Rate Cut: 'Far From A Foregone Conclusion'

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.

Benzinga · Oct 29, 2025

Federal Reserve cuts interest rates for second time this year amid lagging job market

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

The Independent UK · Oct 29, 2025