Powell says Fed can take its time on rate cuts
Last month, Fed officials signaled they expect just two rate cuts for all of 2025, a shallower path of reductions than previously anticipated. Policymakers will update their projections on the economy and rates at their next meeting in March. This month’s pause in rate cuts comes amid increasing uncertainty about how inflation will evolve.
In a post on Truth Social, President Donald Trump vowed to stop inflation himself with regulatory cuts, increasing energy ...
A new GDP report Thursday and the expectation of a sticky inflation reading Friday should reinforce the Federal Reserve’s new ...
After three cuts at the end of last year, Federal Reserve officials paused rate moves as they weigh a solid economy and ...
Fed Chair Jerome Powell said Wednesday that he continues to look at the overall progress that inflation has made in moving ...
Fed Chairman Powell says the central bank wasn't sending a negative message by ditching a line about making progress on lowering inflation in its latest statement. "We just did a little bit of ...
Powell said the Fed is working to align its workforce policies with Trump but signaled that changes could be limited.
The US Federal Reserve is set to announce its first monetary policy decision of 2025 on Wednesday (January 29) with ...
There is so much uncertainty over potential tariffs and fiscal policy that “keeping things steady looks like the prudent move,” one economist said.
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