Fed Chair Jerome Powell cites "high uncertainty" around the impact of Trump administration tariffs on key trading partners.
The Federal Reserve on Wednesday kept interest rates unchanged as central bank officials weigh the impact of President Donald ...
“making it clear that —while the Fed continues to be oriented towards moving rates carefully lower… it is now entering a different and more cautious phase of policy, with a more non ...
The fed-funds rate is now “significantly closer to neutral,” which is the rate at which the economy is in balance. “We're in a good place, but I think from here, it's a new phase,” Powell ...
Previously, the Fed had held its key rate at a historic 23-year high for 14 months. Now, another Fed meeting is coming, with the central bank's rate-setting committee scheduled to announce its ...
Jerome Powell, the Fed chair, said that “further progress may be delayed” on inflation because of tariffs. Officials kept ...
Which ones have content, and which are mainly useful for headline writers? First, the Fed now, like the Fed in the 1930s, is very much groping in the dark. Every financial crisis is different ...