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Officials at the Federal Reserve have adopted a wait-and-see approach to policy moves amid extreme uncertainty about the ...
Officials were concerned that tariffs could aggravate inflation and create a difficult quandary with interest rate policy.
the Fed lowered interest rates. That resulted in higher inflation. Ultimately it took a painful recession without interest rate cuts to get the economy back on track. What the economy is now ...
But it hasn’t happened for about 40 years, because we haven’t had the mix of high inflation and possible recession that we face now ... Former Fed Chair Ben Bernanke and The World Bank ...
Perhaps it would help voters hold elected officials more accountable for the Fed’s policy decisions. Nonetheless, the conventional story persists to this day. Here’s the quick version of that ...
CME Group's FedWatch Tool now projects the Fed will hold the Federal Funds Rate steady in a target range of 5.25-5.50% through July (2024-Q3). The prospect of holding rates higher for longer was ...
Reuters, the news and media division of Thomson Reuters, is the world’s largest multimedia news provider, reaching billions ...
In its statement announcing the cut, the Fed now projects just two interest rate cuts for 2025. It said the unemployment rate remains low, while the rate of inflation "remains somewhat elevated." ...
The Fed now sees inflation remaining somewhat higher, with the federal funds rate now projected to end 2025 at 3.9%. That is a half point higher than the central bank forecast in September and the ...
in addition to the Fed now, agree there’s a real risk of stagflation. Powell refused to directly answer questions related to Trump or his recent attacks. Stagflation bedeviled the Fed in the ...
Now back in office, Mr. Trump has again begun berating Mr. Powell and the Fed, urging them to lower borrowing costs. But the economic circumstances today are drastically different from those of ...