News

Powell warns Fed could face rising inflation and weaker labor market, will wait on rate cuts
The Federal Reserve could face the “challenging scenario” of rising inflation at the same time the U.S. labor market is ...
Huntington's Q1 profit rises as Fed rate cuts temper deposit costs
Huntington Bancshares reported a rise in its first-quarter profit on Thursday, helped by higher interest income due to ...
Refinance Rates Inch Up After Retreating All Week
After dramatically shooting up last week, refi rates retreated for three days but have now ticked up. Rates increased for ...
Tariffs Keep The Federal Reserve Focused On Inflation, But No Change Is Expected For Interest Rates
The path ahead for tariffs is still a wild card for the Fed with respect to inflation’s path. The market continues to ...
Fed Chair Lays Out Game Plan in Case of High Inflation and Slower Growth
Jerome H. Powell warned that President Trump’s tariffs could lead to a “challenging scenario” for the central bank.
Fed's Waller warns high tariffs could push inflation near 5% while economy slows 'to a crawl'
Fed governor Chris Waller warned that inflation could surge this year near 5% and economic growth could 'slow to a crawl' if the effective tariff rate remains at 25%. He believes the central bank may ...