Latest News About Fed Interest Rate

Updated 2026-05-11 04:05

Here’s the latest on Fed interest rates based on recent reporting:

If you’d like, I can pull the most current article excerpts or synthesize a quick, bullet-point brief tailored to investors, consumers, or policymakers.

Sources

Federal Reserve news - Today's latest updates

A "hawkish" turn at the Fed and stubbornly high inflation could delay interest rate cuts, according to Bank of America economists. A "hawkish" turn at the Fed and stubbornly high inflation could delay interest rate cuts, according to Bank of America economists. Neel Kashkari, the president and CEO of the Minneapolis Fed, told "Face the Nation with Margaret Brennan" that while economists have been watching for an interest rate cut, "we all need to be open-minded about where interest rates are...

www.cbsnews.com

Two Fed officials dissented at this month's meeting

Central bankers cut rates three times last year, but are cautious about lowering borrowing costs any further due to a weakening job market. President Donald Trump has said his pick for a new Fed Chair…

www.cnn.com

Interest Rates news - Today's latest updates - CBS News

The Federal Reserve announced Wednesday it would hold interest rates steady at 3.5% to 3.75%. CBS News' Kelly O'Grady reports. Some economists think the Fed, facing inflationary pressures from rising energy prices, may not cut interest rates at all this year. A judge on Friday quashed subpoenas sent to the Federal Reserve as part of the Justice Department's criminal probe. CBS News justice correspondent Scott MacFarlane has the details.

www.cbsnews.com