Federal Reserve is likely to hold interest rates steady next week. But some consumer loans are getting cheaper.
Although inflation receded last month, an escalating trade war threatens to cause prices to rise on a wide range of consumer ...
The Fed Is Meeting on Interest Rates Next Week. Here's How We Think Savings and CD Rates Will React.
Next week's Fed rate announcement could impact how much you can earn on savings accounts and CDs going forward. Here's what ...
Cooler inflation paves way for Fed to resume rate cuts in June
Cooler inflation last month leaves the door open for the Federal Reserve to resume cutting interest rates by mid-year, but the central bank remains worried that U.S. tariff hikes could rekindle price ...
USA Today16d
Trump administration shifts to next phase of large-scale cuts to federal workforce
"A lot of people that weren't doing their job (or) they were just obstructionists." The new phase of federal layoffs follows through on an executive order Trump signed on Feb. 11. DOGE layoffs ...
The New York Times8d
Fed in No Hurry to Adjust Rates Amid Trump Policy Uncertainty
Jerome H. Powell says the Fed is focused on separating “signal from the noise,” as the president whipsaws on tariffs. By Colby Smith Jerome H. Powell, chair of the Federal Reserve, said the ...
Yahoo Finance11d
Atlanta Fed’s GDPNow now predicts U.S. economy will contract nearly 3% in Q1
The Atlanta Fed’s GDPNow estimate now predicts the U.S. economy will contract 2.8% in the first quarter. This is almost double last week’s prediction of a 1.5% drop. The projected drop is a ...