The latest projections suggest a more stagflationary environment, something Fed Chair Jerome Powell dismissed last year.
Prices are now projected to rise faster than expected at least in part and perhaps largely due to Trump's plans to levy ...
President Trump’s plans risk stoking inflation and denting growth, an undesirable combination that economists warn could lead ...
President Donald Trump late Wednesday criticized the Federal Reserve, urging the central bank to reduce interest rates, hours after it chose to leave borrowing rates unchanged. The move marked the ...
A rate pause means there's still time to score a high annual percentage yield, or APY, on a CD. Banks tend to follow the ...
New York Federal Reserve President John Williams said on Friday the U.S. central bank's monetary policy is in the right place ...
Elon Musk is keen on auditing the Federal Reserve, the independent agency that makes critical decisions on interest rates ...
With interest rates remaining frozen, interested home equity borrowers may want to make these three moves now.
Jerome Powell, the Fed chair, said that “further progress may be delayed” on inflation because of tariffs. Officials kept ...
The Fed also now expects the economy to grow more slowly this year and next than it did three months ago, according to a set of quarterly economic projections also released Wednesday. It forecasts ...