The Berenberg economics team led by Holger Schmieding produced this striking chart, showing how interest-rate expectations ...

Speaking at the Thomas Laubach Research Conference in Washington, D.C., Powell highlighted the challenges these shocks pose ...

The rate has stayed above 4% for more than two years as the Fed has aimed to lower inflation by keeping borrowing costs high.

Tamer-than-expected inflation and a significant de-escalation of a U.S.-China trade war are easing fears of a sharp squeeze ...

"Markets also have a tendency to overestimate how much the Fed will cut interest rates, so time will tell." Either way, tariffs are a "notable headwind to economic growth," says McBride.