News

Powell says Fed can wait to lower interest rates again. But will it wait too long?
Jerome Powell said the Federal Reserve can wait to see which effect from Trump's tariffs is worse - high inflation or a weak ...
Exclusive: Fed’s Hammack wants clear data before moving on rates, not much data by June
The Federal Reserve needs more time to see how the economy responds to U.S. President Donald Trump's tariff and other ...
Fed Doesn’t Cut Interest Rates Again—Despite Trump’s Demands—As It Warns Of Higher Unemployment Risk
The Fed is in a “good place to wait and see” before moving on interest rates, Powell said Wednesday. “We don't think we need ...
Did the Fed cut rates today? No, but here's when they might
Interest rates for credit cards to mortgages jumped since the Fed began fighting inflation in 2022. Here's where experts ...
Fed official sends strong message on inflation before China trade talks
Cash-strapped because of skyrocketing inflation after unprecedented Covid-era supply-chain snarls and fiscal and monetary ...
Trump calls Fed Chair Jerome Powell a "fool" for keeping interest rates steady
President Trump on Thursday criticized Federal Reserve Chair Jerome Powell for holding interest rates steady at the Fed's May ...
Fed chair Powell says 'economy is doing fine' despite declining consumer sentiment
Despite concerns that President Donald Trump's tariffs and the resulting decline in orders on imports to the U.S. could lead ...
Fed meeting recap: Powell rules out a preemptive rate cut to blunt any tariff impact
The central bank held steady on rates, keeping them at a range of 4.25% to 4.5%, but highlighted rising inflation risk.
NY Fed's Perli says regular morning Standing Repo Facility operations coming
An official responsible for implementing Federal Reserve monetary policy said on Friday markets navigated last month’s heavy ...