Nonetheless, already there is a clash with President Trump, who believes interest rates are “far too high." On his Truth Social platform, Trump went on the attack: Because Jay Powell and the Fed ...
A credit-rating agency warned that inflation could remain above the Federal Reserve's 2% target because of uncertainty about President Donald Trump's economic policies.
The first central bank meetings of 2025 suggest it will be a year in which policymakers go their own way as economic paths diverge, as the United States holds interest rates steady, the euro zone cuts ...
While it was created with good intentions 13 years ago, the Federal Open Market Committee’s dot plot does not serve its primary purpose: providing transparency ...
The Federal Reserve kicked off its second Trump era right where it left off: Doing exactly what it wanted to do, ignoring President Donald Trump’s demands that it lower rates.
The pound was little changed on Thursday as markets were focused on a raft of major central bank meetings that will culminate ...
Outside of a U.S. President bending norms, the Fed also faces challenges in achieving its economic objectives. Inflation ...
Bitcoin rose to $105,000 following the Fed's decision to hold rates steady, with Chair Jerome Powell signaling openness to ...
The Federal Reserve kept rates unchanged at the January FOMC meeting, maintaining a 4.25-4.50% range as it reassesses the economic landscape and recalibrates policy.
The Federal Reserve kept its key interest rate unchanged as officials grappled with uncertainty caused by inflation and ...
Following the Federal Open Market Committee’s 2-day meeting, at 2:30pm, Federal Reserve Chair Jerome Powell is expected to hold a press conference.
Policymakers left their benchmark rate unchanged amid signs that the economy is humming along, defying the president’s ...