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On the eve of FOMC meetings next week, President Donald Trump and Treasury Secretary Scott Bessent have both urged rate cuts.
Fed meeting is a key economic event, with Wall Street looking to see what Fed Chair Powell & Co. will do with interest rates ...
Presidential demands for lower interest rates are falling on deaf ears at the Fed as near-term inflation concerns limit the ...
Key Takeaways The Federal Reserve is widely expected to hold its key interest rate steady on Wednesday, as officials wait to ...
President Donald Trump has ramped up the pressure on Federal Reserve Chairman Jerome Powell for not cutting interest rates. But a Trump replacement wouldn't have a magic wand to lower rates or even ...
Donald Trump backed off from his threats to fire Federal Reserve Chair Jay Powell after market volatility, confirming Powell ...
President Donald Trump on Friday called on Chairman Jerome Powell to cut interest rates. The comments come ahead of Powell's economic outlook speech.
We expect the FOMC will leave its target range for the federal funds rate unchanged at 4.25-4.50% at its upcoming meeting on May 6-7, a view widely shared by financial markets and economists.
Participants assessed the FOMC was well-positioned to wait for more clarity on the outlook. Almost all participants viewed risks to inflation as tilted to the upside and risks to employment as ...
Despite weak demand, inflation pressures persist, driven by tariffs, supply chain issues, and a weaker dollar, leading to rising input and output prices. Explore more details here.
At the end of its Federal Open Market Committee session on March 19, 2025, the Fed announced holding the federal funds target interest rate steady at a range of 4.25% to 4.50%. It marks the second ...
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