Fed Holds Rates Steady in Powell’s Last Meeting as Chairman | National News

The Federal Reserve, as expected, voted to hold interest rates steady in what will most likely be the final meeting of Chairman Jerome Powell’s tenure. The statement from the Fed was brief, acknowledging that “economic activity has been expanding at a solid pace.” But it also mentioned higher levels of inflation and noted that “developments …

Read more

A train ride. A selfie. A search of Trump’s schedule. Here’s what DOJ says happened in the minutes and days before the press gala shooting.

The suspect in the White House Correspondents’ Dinner shooting appears to have started planning the attack three weeks ago when he began to search online about the event, according to new details in a memorandum prosecutors filed Wednesday in federal court. The filing includes more information about suspect Cole Allen’s alleged movements on Saturday night, …

Read more

Federal Reserve holds interest rates steady for third straight meeting

The Federal Reserve on Wednesday left its benchmark interest rate unchanged, marking the central bank’s third consecutive pause in 2026. The decision comes as the U.S. economy grapples with rising inflation due to the Iran war and fitful job growth. The Fed maintained the federal funds rate — what banks charge each other for short-term …

Read more

What the Fed rate pause may mean for mortgage interest rates

The Federal Reserve’s latest interest rate pause could impact homebuyers and owners trying to refinance. sakchai vongsasiripat/Getty Images Another Federal Reserve meeting, another interest rate pause. For the third time this year, the central bank elected to keep its Federal funds rate untouched, leaving it at the same range of 3.50% to 3.75% on Wednesday. …

Read more

US House Backs Effort to Advance Measure Opening Debate on ICE Funding and FISA

WASHINGTON, April ⁠29 (Reuters) – ⁠A measure ⁠to open debate ​on key legislation ‌to outline funding ‌for ⁠immigration ⁠enforcement operations and to renew ​foreign surveillance authority was approved ​in the House of ⁠Representatives on ⁠Wednesday. The ⁠victory came ​after House Speaker Mike ​Johnson ⁠persuaded his fellow Republicans to back ⁠the measure in an effort that …

Read more