Fed Chairman Jerome Powell will talk to reporters Wednesday as Trump deems him a “major loser” and a ... More “total stiff.” The Fed’s rate-setting Federal Open Market Committee released ...

At a news conference May 7 after the Fed held interest rates steady, Chair Jerome Powell repeatedly said officials can afford to “wait and see” how the effects of the tariffs play out and are ...

Rates have been there since December after a series of cuts in the second half of 2024. The Fed gathered at a highly volatile moment for the economy and the global financial system amid an ...

WASHINGTON – The Federal Reserve is still firmly in wait-and-see mode. The Fed left its key interest rate unchanged again Wednesday and gave no hint it plans to lower it soon as President Donald ...

But if push comes to shove, the central bank would likely prioritize the labor market. The Fed is tasked by Congress to safeguard the job market and wrangle inflation — its so-called dual ...

“If the large increases in tariffs that have been announced are sustained, they’re likely to generate a rise in inflation, a slowdown in economic growth, and an increase in unemployment ...

Trump has called on the Fed to lower rates, despite its political independence. The Federal Reserve held interest rates steady on Wednesday, just weeks after President Donald Trump intensified ...

President Donald Trump has called for the Fed to cut rates, but the central bank is in a tough spot. One-year inflation expectations are surging, while data doesn't yet indicate a cut is needed.

And he is not happy with the caution of Fed Chair Jerome Powell, who has said the central bank will "wait for greater clarity" while weighing both sides of its mandate for stable prices and full ...

While keeping the benchmark rate unchanged at 4.25 to 4.5 percent, the Fed introduced new language acknowledging the effects of trade-related volatility. “Although swings in net exports have ...

Yet that is precisely where the Fed sits. Its operating premise—that prosperity breeds inflation—gets the causality exactly wrong. From that faulty assumption flows a second delusion ...

Now, the Fed is set to meet on Wednesday to make its next rate decision — but Mr. Trump may need to wait longer to get his cuts. The Federal Reserve is expected to hold its benchmark rate steady ...