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Federal Reserve Chair Jay Powell has reiterated that rate decisions will be data-driven — by inflation, and employment.
The central bank remains cautious, even as calls for rate cuts grow louder from the White House and other policymakers.
Jamie Dimon warned that markets are underestimating inflation and the risk of more Fed rate hikes amid global trade tensions.
The U.S. central bank’s decision to hold interest rates steady in June was unanimously supported, but officials were starting ...
The newly published meeting minutes highlighted a divide over how Federal Reserve officials expect the economy to respond to ...
The prospect of the Federal Reserve once again setting its short-term interest rate target at near zero levels at some point ...
The market currently projects an interest rate cut in the fall, though two Fed officials floated the possibility of a rate ...
The debate over the Federal Reserve's reluctance to lower rates has intensified recently. Those hoping that the Fed would ...
The Federal Reserve cut interest rates in 2024 after having raised them 11 times throughout 2022 and 2023 to combat inflation, but savings rates still haven't substantially declined.
The pivot from rate hikes in 2022 and 2023 to rate cuts was widely forecast, and a big reason behind the S&P 500's epic 24% ...
“Although swings in net exports have affected the data, recent indicators suggest that economic activity has continued to expand at a solid pace,” the Fed said in its statement. “The unemployment rate ...
Goldman Sachs on Monday raised its projection for U.S. interest rates in 2025 to three-quarter-point cuts because of muted ...
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