Data isn’t stacking up for a Fed rate cut, multiple regional presidents have hinted, as January’s CPI report makes for “uncomfortable” reading for Powell.
The FOMC maintained the Fed Funds Rate at 4.25-4.50% and ... that the Committee’s actions over the last three FOMC meetings that reduced the policy rate by 100 basis points has left the Fed ...
No one can predict the future of interest rates, not even just before an FOMC meeting. Before the December 2024 meeting, many ...
The Fed maintained the rates at 4.25-4.50%, citing a strong labor market and elevated inflation. Financial markets reacted mildly to FOMC statement. Read more here.
The Federal Reserve began the new year by keeping the federal funds rate steady ... after a 2.9% increase in 2023, further demonstrating its resilience. After a few nervy months last year ...
Fed Chair Jerome Powell signals no rush to cut interest rates as inflation stays above 2%. Markets expect rates to remain ...
Energy prices increased 1.1% compared to a month ago and 1.0% since last January ... As part of the FOMC’s mandate, the Fed is making incremental changes to the federal funds rate to guide ...
“I’ll demand that interest rates drop immediately,” Trump said during a virtual address at the World Economic Forum in Davos, Switzerland on Jan. 23. He later vowed to “put in a strong statement” with ...
January's consumer price index exceeded expectations, leading to diminished hopes for multiple Federal Reserve rate cuts.
The Federal Reserve opted to leave its benchmark interest rate unchanged in its first policy meeting since President Trump's inauguration.
Federal Reserve chair Jay Powell is quizzed by members of Congress about interest rates, the outlook for the economy and the ...
The current era is marked by a pandemic and soaring inflation, leading to the most aggressive rate hikes in 40 years. The Federal Reserve ... after the Federal Open Market Committee (FOMC ...