Growth, inflation and jobs data don’t signal rates cuts. Yet the odds of a quarter-point September cut are at just under 100%

President Trump has pressured Fed Chair Jerome Powell to lower interest rates. Here's what the experts think will happen at today's monetary policy meeting.

So far, an increasingly divided Federal Open Market Committee (FOMC) has resisted cutting rates to wait for more data over the summer on the impact of tariffs on consumer prices. It last cut in December 2024, setting the target range at 4.25 to 4.5 percent.

Trump said that his next line of attack against “loser” Jerome Powell for refusing to lower interest rates could be a lawsuit over his $2.5 billion HQ renovation.

Treasury Secretary Scott Bessent said Wednesday that short-term interest rates should be between 1.5 percentage points and 1.75 percentage points lower than their current level, keeping up the

As was widely expected, Fed policymakers on Wednesday left the central bank's overnight rate unchanged at a range of 4.25% to 4.5%.

In an unusual visit to the Federal Reserve, President Donald Trump once again said that interest rate cuts were needed and firing Chair Jerome Powell wasn't "necessary."

The Federal Reserve voted to leave its short-term interest rate unchanged as expected, despite mounting pressure from President Donald Trump to lower them.

President Donald Trump has threatened a "major lawsuit" against Federal Reserve Chair Jerome Powell, while once again calling for an immediate cut to interest rates following muted inflation data.

The dollar slipped on Friday as a data-heavy week wound down, keeping the case for a September Federal Reserve interest rate cut intact, while traders awaited talks in Alaska between U.S. President Donald Trump and Russian leader Vladimir Putin regarding Ukraine.