Federal Reserve Bank Chicago

The Fed holds interest rates steady

The Federal Reserve holds interest rates steady as inflation remains stubborn

The Fed held interest rates steady as it continues to combat inflation. President Trump wants to see lower rates, but some of his policies could fuel more price hikes.

CNBC on MSN · 6d

The Federal Reserve is likely to hold interest rates steady next week. Here's what that means for your money

The Fed is unlikely to cut interest rates again when it meets next week, delaying any relief from high borrowing costs.

Reuters · 1d

US dollar firms against peers after Fed holds rates steady

The U.S. dollar was firmer against major currencies on Wednesday after the Federal Reserve left interest rates unchanged as widely expected, but gave scant clues about further reductions in borrowing costs this year.

14d

Fed's Goolsbee says he feels more comfortable that labor market is stabilizing, WSJ reports

Chicago Federal Reserve Bank President Austan Goolsbee said he feels more comfortable that the labor market is stabilizing, ...

11d

Chicago’s Pulaski Savings collapses in first bank failure of 2025

Chicago’s Pulaski Savings Bank was seized by regulators Friday evening, with most of its assets to be assumed by Millennium ...

1don MSN

European Central Bank to cut rates again with Trump threat and U.S. divergence in focus

The Fed will likely be on a more hawkish path, so significant divergence from the ECB could risk flight of capital towards ...

1don MSN

The Federal Reserve should resist pressure from Trump and defend its independence, experts say

President Trump has said he will "demand" lower interest rates, raising questions about his ability to influence the Federal Reserve.

U.S. stocks add to losses as Fed leaves interest-rate target on hold

U.S. stocks declined, pushing major indexes back toward session lows, as investors responded to the Federal Reserve's decision to leave its interest-rate target on hold in January. As was ...

1don MSN

Fed hits pause on interest rate cuts

The Federal Reserve on Wednesday hit pause on interest rate cuts in its first key decision of President Donald Trump’s second ...

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