The US central bank is in no rush to slash interest rates any time soon, Federal Reserve Chair Jerome Powell told lawmakers Tuesday.
Borrowers hoping for more financial relief from the Federal Reserve may have a wait on their hands, as the central bank is hit the pause button on additional rate cuts at its Jan. 29 meeting.
The Federal Reserve has gone from data-dependent to D.C.-dependent, WisdomTree’s Kevin Flanagan says.
For instance, prices are slightly higher now compared to May 2024 ... there’s little certainty about what the Fed will do this year. Part of that is explained by uncertainty in Washington ...
The Fed right now is like a powerful player on a major sports team being held comfortably in reserve. But rest assured, its time is coming. On Wednesday, the Fed said that aside from the inflation ...
The Federal Reserve opted to leave its benchmark interest rate unchanged in its first policy meeting since President Trump's ...
Chicago Federal Reserve president Austan Goolsbee told Yahoo Finance Friday that the central bank "may be on hold" for now, but he still sees interest rates moving lower over the "next 12-18 months." ...