News

With inflation progress slow, Fed's Daly says rate cuts may need to wait
San Francisco Federal Reserve President Mary Daly said on Friday that while she is still comfortable with a couple of ...
Fed chairman Jerome Powell warns of tariff strife as President Trump seeks lower interest rates
President Donald Trump can't wait for Federal Reserve chairman Jerome Powell's "termination," after Chicago speech. Here's ...
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 ...
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 ...
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 ...