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The Fed's latest economic projections hint at the potential for a bout of stagflation. Fed officials trimmed their expectations for growth and raised expectations for inflation in 2025.
Tariffs took center stage during the news conference with Jerome H. Powell, the Fed chair, on Wednesday. transcript The Trump administration’s tariffs most likely mean “further progress may be ...
Kevin Dietsch/Getty Images "This would be a PERFECT time for Fed Chairman Jerome Powell to cut Interest Rates," Trump said in a post on Truth Social. Trump also claimed without evidence that ...
Although Trump recently slapped tariffs on many imports and unveiled plans for more aggressive duties in two weeks, the Fed’s decision underscores that it’s taking a wait-and-see approach as ...
The CME FedWatch prediction algorithm based on futures contract prices registered Wednesday a 99 percent probability that the Fed would hold rates steady. The Fed has paused rate cuts for the ...
Trump ramped up calls for the Fed to cut interest rates this week. Fed officials kept interest rates level after their latest meeting. Here's what to know about the president's relationship with ...
Spencer Platt / Getty Images Fed Chair Jerome Powell is set to address the press on Wednesday at 2:30 p.m., his appearance scheduled to follow the release of the Fed's latest interest-rate decision.
ARLINGTON, Va. (AP) — The Trump administration’s expansive new tariffs will likely lead to higher inflation and slower growth, Fed Chair Jerome Powell said Friday. Watch Powell’s remarks in ...
The Fed has now stood on the economy’s sidelines for two consecutive meetings, dating to January, after an unusually busy period of interest rate increases and reductions over the previous three ...
The Fed made a presentation to a special subcommittee that was created to address any economic fallout from federal layoffs and spending cuts. Since January, more than 120,000 federal workers have ...
Maybe you've seen a bunch of people on X (formerly known as Twitter) making a bunch of jokes about "Everything is computer" and you might be very, very confused. But we're here to help you out ...
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