Fed holds interest rates steady, still sees two cuts coming this year
The Federal Reserve decided to keep benchmark interest rates steady but hinted at potential cuts later in the year due ...
Tag: Jerome Powell
The Fed will update its rate projections Wednesday. Here's what to expect
At this week's meeting, Federal Reserve officials are expected to maintain interest rates, signaling a patient approach amidst uncertainty over ...
Trump 'an agent of chaos and confusion,' economists warn — but a U.S. recession isn't in the cards yet
Global market volatility and geopolitical turbulence following President Donald Trump's return to the White House have raised concerns about a ...
Powell says Fed is awaiting 'greater clarity' on Trump policies before making next move on rates
Federal Reserve Chairman Jerome Powell stated that the central bank will wait to assess President Donald Trump's policy actions before ...
Fed's favorite core inflation measure hits 2.6% in January, as expected
Inflation eased slightly in January, with the personal consumption expenditures price index rising 0.3% for the month and showing a ...
Producer prices report points to softer Fed inflation measure than feared
In January, the producer price index rose 0.4%, higher than expected, indicating potential easing of inflation pressures. Excluding food and ...
Consumer prices rise 0.5% in January, higher than expected as annual rate rises to 3%
In January, inflation exceeded expectations, with the consumer price index rising 0.5% and the annual rate reaching 3%, higher than ...
Fed Chair Powell says central bank doesn't 'need to be in a hurry' to lower interest rates further
Federal Reserve Chair Jerome Powell reiterated the central bank's commitment to lowering inflation and indicated a cautious approach to lowering ...
Fed officials are raising concerns about the impact Trump's tariffs could have on inflation
Federal Reserve officials are being forced to address the potential impact of tariffs on inflation, with policymakers expressing concerns about ...
Fed holds rates steady, takes less confident view on inflation
The Federal Reserve decided to keep its key interest rate steady in a range between 4.25%-4.5%, reversing a trend of ...
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