An independent Fed can take unpopular steps, such as raising rates, to fight inflation ... chief U.S. economist at PGIM Fixed Income. The Fed now “will be even more delayed because I think ...

(Reuters) -Federal Reserve ... rate-cutting scenario is not out of the question, they are quick to note that inflation remains elevated, and is likely to worsen at least temporarily as retailers ...

Fed's concern is above-target inflation that may worsen due to tariffs U.S. economy shrank last quarter, consumer spending slowed Traders expect an interest rate cut in June April 30 (Reuters ...

But long-term rates on things like mortgages, auto loans, and credit cards are largely set by market forces. And in recent weeks, fears that Trump’s sweeping tariffs could raise inflation ... U.S.