News

Fed sticks with forecast of two interest-rate cuts this year despite new inflation worries
In an updated forecast, Fed officials now see core PCE inflation jumping to 3.1% by the end of the year from the current 2.5% ...
Fed keeps rates steady but pencils in two cuts by end of 2025; Powell sees 'meaningful' inflation ahead
"No one holds these ... rate paths with a great deal of conviction, and everyone would agree that they're all going to be ...
Did the Fed cut rates Wednesday? No, but here's when they might
Interest rates for credit cards to mortgages have jumped since the Fed began fighting inflation in 2022. Here's where experts ...
Fed Holds Rates Steady Amid Vast Economic Uncertainty
Officials at the Federal Reserve left interest rates unchanged, as they brace for the effects of President Trump’s policies ...
Borrowers looking for lower costs will have to wait as the Fed is unlikely to cut rates
When the Fed reduces its rate, it often — though not always — leads to lower costs for consumer and business borrowing, ...
The Fed Opts Not To Cut Interest Rates Again—Even As Trump Ups Attacks On Fed Boss Powell
Trump called his appointee for Fed chair a "stupid person" Wednesday over the central bank's refusal to bend to his rate ...
Fed holds rates steady, eyes Trump tariff risks and inflation
The Fed, helmed by Chair Jerome Powell, is expected to hold rates steady this month despite pressure from President Donald ...
Fed dot plot reveals more divided central bank, but still points to two rate cuts in 2025
The Federal Reserve's latest "dot plot" outlining future interest rate moves suggests the central bank will still cut rates ...