Powell says no need for Fed to rush rate cuts given strong economy
Ongoing economic growth, a solid job market, and inflation that remains above the 2% target means the U.S. central bank does ...
Liberal economist Larry Summers issues frightening warning about inflation to Americans following Trump's election
Liberal economist Larry Summers warned that inflation is still not fixed and that a Trump administration could make things even worse.
Fed's Kugler says Fed has made good progress on achieving mandates
Federal Reserve governor Adriana Kugler said Thursday the central bank has made considerable progress in working to achieve ...
Fed up with the economy, Americans turn to Trump, giving him election sweep of swing states
President-elect Donald Trump won Pennsylvania after losing the state in 2020. Scott Pelley visited to find out what was ...
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The Rate Cut May Be Small, but the Fed Chair Is Going Big
The Fed had originally penciled in multiple rate cuts for 2025, with some committee members indicating interest rates could fall to 3% to 3.25% by the end of next year. That could change if ...
Stock market today: S&P 500, Nasdaq hit records as Fed cuts rates, post-election rally rolls on
Investors are digesting a fresh interest rate cut from the Federal Reserve as the impact of Trump's expected policies also remains in focus.
Transcript: Fed Chief Jerome Powell’s Postmeeting Press Conference
Federal Reserve Chair Jerome Powell discussed the central bank’s decision to cut interest rates by a quarter percentage point ...
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Bank of Japan board member moots Fed-style dot-plot projections
At least one Bank of Japan board member mentioned the possibility of making the central bank’s policy-rate outlook more ...
Fed Cuts Interest Rates Again—But Uncertainty Swirls As Trump Policies Could Fuel Inflation
The Fed lowered rates by 25 basis points to a 20-month low, but economists say tariffs may throw a wrench in the rate cutting ...
After Fed meeting, federal-funds futures still point to December rate cut
Traders in the federal-funds futures market were still largely anticipating on Thursday that the Federal Reserve will lower its benchmark interest rate by a quarter of a percentage point next month, ...
Watch live: Fed Chair Jerome Powell speaks after interest rate cuts
Federal Reserve Chair Jerome Powell will remarks Thursday afternoon as the independent central bank prepares to cut interest rates for a second time. The decision comes after the administration ...
Fed meeting today: Interest rates cut by quarter-point as Powell wrestles with Trump's election win, inflation questions
Fed Chairman Jerome Powell said the U.S. economy is in very good condition, but "people are still feeling the effects of high ...