News

U.S. Federal Reserve Chair Jerome Powell said on Wednesday that the Fed would wait for more data on the economy's direction ...
The Fed has now stood on the economy’s sidelines for two consecutive meetings, dating to January, after an unusually busy period of interest rate increases and reductions over the previous three ...
The pause was the second in as many Fed meetings so far in 2025 after the bank issued three consecutive cuts in the final months of 2024. Now, cuts will be delayed at least until the Fed meets ...
That would leave the Fed torn between its dual mandates and grappling with a rare one-two punch known as stagflation. For now, the central bank appears to be withholding judgment on which hazard ...
The Federal Reserve opted to hold interest rates steady on Wednesday as officials reckon with fearful markets and concerns about an economic slowdown sparked by the trade wars launched by ...