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Federal Reserve officials are trying to assess how tariff increases will reshape the outlook for the U.S. economy and ...
Apollo, for one, expects just one rate cut in 2025. JPMorgan strategists forecast two. Goldman Sachs last week updated its ...
Minutes from the Fed’s June policy meeting tease at a looming split over whether and when officials will resume rate cuts.
Federal Reserve Chair Jerome Powell told lawmakers the central bank is in no rush to lower interest rates as officials wait for more clarity on the economic impact of President Donald Trump’s tariffs.
New uncertainty over Powell’s future comes with the economy reeling from successive shocks over Trump’s tariff policy – especially the 145% duties imposed on Chinese imports.
Trump has badgered Powell for not cutting rates. The Fed Chair says it's the president's own fault.
On Monday, stocks slipped across the board after Trump announced a sweeping new round of tariffs on imports from South Korea, Japan, Malaysia, Kazakhstan, South Africa, Laos and Myanmar. According to ...
Summer data on the impact of tariffs on prices will be key for the interest rate outlook, Fed chairman Jerome Powell has said. Asked what he would need to see to be able to change the Fed’s position, ...
Federal Reserve (Fed) chair Jerome Powell had plenty of opportunities to tell lawmakers definitively the central bank will cut interest rates soon. He didn't take any of them.
Meanwhile, Powell described the overall economy and labor market as solid. He said inflation had eased significantly from highs reached in mid-2022, but was somewhat elevated above the Fed’s 2% ...
The Fed, helmed by Chair Jerome Powell, is expected to hold rates steady this month despite pressure from President Donald Trump to make cuts.