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Interest Rates The Fed releases its latest interest rate decision Wednesday. Here's what to expect - This week's meeting offers little suspense and probably not much action, even as massive changes loom over the Fed's longer-term direction.Fed Governor Lisa Cook seems safe from Trump firing after Supreme Court arguments - Federal Reserve Chairman Jerome Powell planned to attend the oral arguments at the Supreme Court.I.M.F. Raises Forecast for Global Growth as Tariff Drag Fades - The 3.3 percent rate for 2026 would match last year’s pace. Booming investment in artificial intelligence is buttressing global output.Mortgage and refinance interest rates today, January 16, 2026: Annual rates plummet by 98 basis points - These are today's mortgage and refinance interest rates. The 30-year rate has dropped by almost a full percentage point over the last year. Lock in your rate today.Fed's Goolsbee says inflation could come 'roaring back' if central bank independence goes away - "Anything that's infringing or attacking the independence of the central bank is a mess," Goolsbee told CNBC.Mortgage and refinance interest rates today, January 14, 2026: Bouncing up from recent lows - These are today's mortgage and refinance interest rates. The 30-year fixed rate bounced up from recent lows, but remains just under 6%. Lock in your rate today.Trump attacks Powell again amid Fed independence fears: 'Incompetent' or 'crooked' - JPMorgan Chase CEO Jamie Dimon defended the Fed's independence amid the probe of Powell by Trump's DOJ, echoing Republicans' criticisms.The Powell Defense Grows - Former Federal Reserve chiefs, Republican senators and — perhaps most important, many bond investors — raised concerns about an investigation into the bank’s leader.Global Central Bankers Express Support for Fed Chair After Criminal Investigation - The defense comes after Jerome Powell pushed back on what he described as pressure by the Trump administration to cut interest rates in the United States.Top Fed Official Conveys Little Urgency for Immediate Rate Cuts - The Federal Reserve is likely to hold interest rates steady when it meets at the end of the month, keeping tensions high with President Trump.