Fed rate pause: Bank forecasts slower US growth and higher inflation
The Federal Reserve kept interest rates unchanged as expected but downgraded its economic outlook, citing slower growth and higher inflation due to Trump’s tariffs. Wall Street staged a relief rally ...
Fed Holds Rates Steady and Predicts Higher Inflation, Slower Growth Ahead
The central bank penciled in two rate cuts for 2025, but President Trump’s sweeping agenda has injected “remarkably high” ...
SA Charts: Tracking benchmark interest rates around the world
The Federal Reserve is widely expected to maintain its benchmark interest rate at 4.25%-4.50% on Wednesday, the second ...
Federal Reserve leaves key interest rate unchanged amid uncertainty over economy, inflation
The Federal Reserve on Wednesday announced that it will leave a key interest rate unchanged for the second consecutive meeting amid persistent inflation and uncertainty about the economy.
Citing Tariffs and Uncertainty, Fed Sees Higher Inflation and Lower Growth
Jerome Powell, the Fed chair, said that “further progress may be delayed” on inflation because of tariffs. Officials kept ...
Why the Fed faces a dilemma when it comes to interest rate decisions
The Fed is set to hold interest rates steady, but with inflation rising amid a slowing economy, it could lower its forecast ...
US consumer inflation slows in February; tariffs expected to boost prices
U.S. consumer prices increased moderately in February as higher shelter costs were partially offset by cheaper airline fares, ...