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The central bank remains cautious, even as calls for rate cuts grow louder from the White House and other policymakers.
Eight of the 12 Federal Reserve districts reported flat or slightly negative growth in February, according to the central bank’s Beige Book survey released Wednesday. Six districts reported no ...
June manufacturing surveys from the federal reserve banks of Dallas, Richmond, Kansas City, and New York offer a snapshot how ...
"With inflation just recently at a 40-year high, now is not the time to let down our guard," Schmid said in a speech at the US Department of Agriculture's conference in Arlington, Va.
In its statement announcing the cut, the Fed now projects just two interest rate cuts for 2025. It said the unemployment rate remains low, while the rate of inflation "remains somewhat elevated." ...
The Fed Can Now Declare Victory Over Inflation. Higher prices aren’t over, but the central bank has officially completed its pandemic mission. June 12, 2025 at 5:30 AM EDT.
A key tracker of GDP from the Atlanta Fed now estimates a negative-2.8% reading in first-quarter growth, as tariffs and economic uncertainty are moving consumers and businesses to the sidelines.
Eight Fed districts had flat or slightly negative growth in February: Beige Book Weak report comes as worries about the economy grow Last Updated: March 5, 2025 at 10:35 p.m. ET First Published ...