Kevin Warsh is Trump’s Fed pick
Digest more
Bankrate on MSN
How many rate cuts in 2026? These mounting pressures will put the Fed at a crossroads this year
A complicated U.S. economy. Stubborn inflation and a jobless boom. Unprecedented conflict with the president. Personnel changes, and a new Fed chair. Federal Reserve officials are no stranger to difficult
The Federal Reserve left interest rates unchanged, despite relentless attacks from President Trump, who wants borrowing costs to be much lower.
The meeting will mark the first since Federal Reserve Chair Jerome Powell confirmed he is under investigation by the Department of Justice.
Competition among smaller banks and credit unions has pushed the leading APY up to 4.50%
Four times per year, the Fed releases its projection materials along with the dot plot, a chart showing where up to 19 Fed officials expect interest rates to be in the years ahead. In this chart, each column is a year, and each dot is one Fed participant’s projection for where the fed funds rate should be at year's end.