News

Federal Reserve official sees signs of slowing economy but not ready to cut rates
A top Federal Reserve official said Friday that massive uncertainty created by President Donald Trump's tariffs has caused ...
Trump just said there's 'no inflation' in the US. But it's still higher than what the Fed wants.
Trump has argued that inflation is down before. While it's steadily ebbed in recent years, prices are still rising faster ...
Fed Officials Stick to Cautious Message on Rate Cuts Despite Pressure From Trump
Jerome H. Powell, chair of the Federal Reserve, has made clear that pre-emptive interest rate cuts are not appropriate for ...
Federal Reserve faces tough balancing act between fighting inflation and spurring economic growth
The duties, Powell acknowledged, could both slow growth and lift prices, which puts the Fed in a tough spot. It would usually ...
Powell says Fed can wait to lower interest rates again. But will it wait too long?
Jerome Powell said the Federal Reserve can wait to see which effect from Trump's tariffs is worse - high inflation or a weak economy.
Will the Fed step in if America’s labor market cracks from Trump’s tariffs?
President Donald Trump’s volatile trade war threatens both higher inflation and rising unemployment, forcing the Federal Reserve to make the difficult choice of addressing just one of those problems ...
New York Fed Survey Finds Consumers Ambivalent on Inflation Outlook
Consumers sent mixed signals about their inflation expectations in the New York Fed’s April survey. But the poll showed no ...
Fed can't afford to be preemptive due to inflation: Portfolio mgr.
As the Federal Reserve holds interest rates steady in May, Fed Chair Jerome Powell stated that the risks of higher ...