Officials at the Federal Reserve continue to expect the central bank will lower interest rates by a half of a percentage ...
The U.S. Federal Reserve has a dual mandate. First, it's tasked with keeping inflation under control, which means ensuring the Consumer Price Index (CPI) increases by around 2% per year. Second, the ...
The central bank penciled in two rate cuts for 2025, but President Trump’s sweeping agenda has injected “remarkably high” ...
Fed Chair Jerome Powell cites "high uncertainty" around the impact of Trump administration tariffs on key trading partners.
Chicago Federal Reserve Bank President Austan Goolsbee said he expected interest rates to be "a fair bit lower" in 12-18 ...
If the Federal Reserve cuts its benchmark rate this year, it will push savings and CD rates lower. Here's what the central ...
The Federal Reserve’s dot plot showed that officials still see two more rate cuts coming in 2025, despite a more pessimistic ...
Sentiment at the U.S. central bank has subtly shifted toward fewer cuts, even as White House calls for action.
The Federal Reserve in a closely watched decision Wednesday held the line on benchmark interest rates though still indicated ...
With its March decision, the Federal Reserve has left interest rates untouched in 2025, and many forecasters expect no further action until mid-year. What does that mean for rates on mortgages ...
WASHINGTON (AP) — The Federal Reserve kept its benchmark interest rate unchanged Wednesday and signaled that it still expects to cut rates twice this year even as it sees inflation staying ...