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U.S. Federal Reserve officials who've said they needed more details before estimating the economic impact of President Donald Trump's trade plans got perhaps more than they bargained for on Wednesday ...
Now, with the economy at a crossroads after President Donald Trump kicked off a trade war with his tariff announcement on ...
President Donald Trump’s tariffs are shattering market confidence. The market is now looking to the Federal Reserve for a ...
Federal Reserve Chair Jerome Powell said in a speech today that President Trump's tariffs are likely to boost U.S. inflation.
If the Federal Reserve cuts its benchmark rate this year, it will push savings and CD rates lower. Here's what the central bank says it expects right now.
The Fed also now expects the economy to grow more slowly this year and next than it did three months ago, according to a set of quarterly economic projections also released Wednesday. “Uncertainty ...
The pause was the second in as many Fed meetings so far in 2025 after the bank issued three consecutive cuts in the final months of 2024. Now, cuts will be delayed at least until the Fed meets ...
President Trump took aim at Jerome Powell, calling interest rates cuts and saying the Fed Chair's termination “cannot come fast enough.” It comes as his administration's tariffs continue to cause ...
Federal Reserve Bank of Cleveland President Beth Hammack said on Wednesday that high levels of uncertainty in the U.S.