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The Fed hasn't adjusted interest rates this year, and isn't expected to make a move for months. Yet today's highest CD rate ...
NPR's Scott Horsley joins us now. And, Scott, the Fed has raised rates aggressively over the last year and a half in its efforts to curb inflation. So why have they decided to take a break now?
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Fed Seen on Sidelines for Now as Volatility Roils Global Markets(Bloomberg) -- Massive volatility in financial markets triggered by President Donald Trump’s burgeoning trade war has raised speculation the Federal Reserve may intervene to stem the losses.
The Fed now expects core Personal Consumption Expenditures to be 2.5% at the end of next year. No surprise, the Federal Reserve (Fed) cut rates by 25 basis points at its December meeting.
Federal Reserve Bank of Atlanta President Raphael Bostic said he now sees just one interest-rate cut as likely this year, rather than two, with tariff hikes impeding progress on disinflation. “I ...
Photo: Annabelle Gordon/Reuters Take the Federal Reserve’s projections from September and throw them into the trash. The path forward for rates is now highly uncertain. The Fed cut rates by a ...
But the Federal Reserve’s preferred inflation gauge is set to reverse that trend with the latest data release on Friday. Earlier in the month, the latest data from the Consumer Price Index and ...
The Fed now expects real GDP growth to slow from its December forecast of 2.1% for 2025 to 1.7%. Growth estimates for 2026 were revised downward from 2% to 1.8%, and 2027 was lowered from 1.9% to ...
"The time is now for all key stakeholders...to devote the resources necessary to support instant payments," said Brainard. Federal Reserve Board Governor Lael Brainard testifies before a Senate ...
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