The Fed faces complex decisions as it decides how quickly to cut rates or whether to raise them amid Trump's tariffs and ...
The Federal Reserve kept its key interest rate unchanged as officials grappled with uncertainty caused by inflation and ...
Voters elected Trump to find a way to curb the hotter inflation that occurred under President Joe Biden. But the president ...
The Federal Reserve kicked off its second Trump era right where it left off: Doing exactly what it wanted to do, ignoring President Donald Trump’s demands that it lower rates.
After three successive interest rate cuts, the Federal Reserve on Wednesday made no change in its benchmark lending rate amid ...
Powell called the economy “strong overall” with a “solid” labor market and inflation that is easing but still above the Fed’s ...
High-yield savings accounts and CDs were much more profitable in 2024 than in prior years, potentially leaving some taxpayers ...
Generally, when inflation is high and the economy is in overdrive, the Fed tries to pump the brakes by setting higher ...
US stocks were largely lower on Wednesday as investors digested a hotter-than-expected January inflation reading and ...
Arguing that Saudi Arabia and OPEC should take steps to lower oil ... I'll demand that interest rates drop immediately.” Trump’s comments stopped short of badgering the Fed into cutting ...
But the decision to cut rates again in December was a close call. One Fed official ... policies did cause enough concern about the hit to growth to lead the central bank to lower interest rates ...