Federal Reserve Chair Jerome Powell will tell the Senate banking committee the Fed isn't "in a hurry" to resume its interest ...
Fresh tariffs amid high inflation are making the Fed’s job uniquely difficult and feeding uncertainty about what to expect for interest ... other countries would also slow demand for U.S ...
As his trade advisers finalized plans to enact reciprocal measures on every country that charges duties on U.S. imports, ...
The Federal Reserve opted to leave its benchmark interest rate unchanged in its first policy meeting since President Trump's inauguration.
Outside of a U.S. President bending norms, the Fed also faces challenges in achieving its economic objectives. Inflation remains above its 2% target: Its preferred measure is at 2.4%, though core ...
Asian markets climb on easing trade war fears, AI-driven tech stock gains, and Fed rate cut bets. Hang Seng leads with its ...
Trump is slapping tariffs on imports from other countries ... high to wrestle down inflation. Powell also said in his remarks that the Fed will conduct a periodic review of its interest rate ...
Inflation picked up for a fourth straight month in January amid another rise in in food and energy costs, possibly setting ...
President Trump pledged to lower costs on “Day 1” as a candidate. His administration now acknowledges it will take more time.
“Borrowers shouldn’t bank on the Fed being in any hurry to cut interest rates again, so focus on paying down high ... to many other central banks that similarly target 2% inflation.
Policymakers left their benchmark rate unchanged amid signs that the economy is humming along, defying the president’s tradition-bucking pressure on the central bank.
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