PPF, Post Office FD, SSY, NSC Interest Rates: Will Govt Cut Rates On Small Savings Schemes Next Week?

Last Updated:June 26, 2025, 15:18 IST The government will review interest rates on small savings schemes like PPF, NSC, and Sukanya Samriddhi Yojana on June 30, 2025. Rates may change due to falling bond yields. Interest rates on small savings schemes are reviewed quarterly by the government and are influenced by the yield trends in…

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Powell emphasizes Fed’s obligation to prevent ‘ongoing inflation problem’ despite Trump criticism

Chair of the US Federal Reserve Jerome Powell speaks during a press conference following the Federal Open Market Committee meeting in Washington, DC, on June 18, 2025. Saul Loeb | Afp | Getty Images Federal Reserve Chair Jerome Powell on Tuesday emphasized the central bank’s commitment to keeping inflation in check, saying he expects policymakers…

Trump says “maybe” he’ll try to fire Fed chief Jerome Powell

President Trump suggested Friday he may try to fire Federal Reserve Chair Jerome Powell, calling the central bank leader a “Total and Complete Moron” for leaving interest rates steady. The president has been lashing out against Powell for months, criticizing the central banker — whom Mr. Trump appointed in his first term — for not…

Federal Reserve holds its benchmark interest rate steady at today’s FOMC meeting

The Federal Reserve said Wednesday it is holding its benchmark interest rate steady, marking a continuation of its “wait-and-see” approach as it assesses the impact of the Trump administration’s economic policies. The central bank also expects inflation to worsen in the coming months, but it still foresees two interest rate cuts by the end of…

The Fed is likely to keep rates the same but give a forecast that moves markets. What to expect

Federal Reserve Chair Jerome Powell delivers remarks during the Division of International Finance 7th Anniversary Conference at the Fed on June 02, 2025 in Washington, DC. Chip Somodevilla | Getty Images Federal Reserve officials get to voice their outlook this week on the future path of interest rates along with the impact that tariffs and…

Federal Reserve is likely to hold interest rates steady this week. Here’s what that means for your money

U.S. President Donald Trump looks on as Fed Chair Jerome Powell speaks at the White House in Washington on Nov. 2, 2017. Carlos Barria | Reuters Political pressure is mounting against the Federal Reserve Chair Jerome Powell, and yet the Fed is expected to hold interest rates steady at the end of its two-day meeting this week. Despite a…