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 Chair Jerome Powell cites "high uncertainty" around the impact of Trump administration tariffs on key trading partners.
The Federal Reserve is widely expected to maintain its benchmark interest rate at 4.25%-4.50% on Wednesday, the second ...
The Federal Reserve’s dot plot showed that officials still see two more rate cuts coming in 2025, despite a more pessimistic ...
The US Fed has decided to keep interest rates unchanged in the range between 4.25% and 4.5% following its latest FOMC meeting.
Jerome Powell, the Fed chair, said that “further progress may be delayed” on inflation because of tariffs. Officials kept ...
The Fed is set to hold interest rates steady, but with inflation rising amid a slowing economy, it could lower its forecast ...
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.