After their meeting Wednesday, Fed officials held interest rates steady in a range of 4.25% to 4.5%. In December, officials had penciled in two quarter-point cuts for 2025. Also read: Powell takes ...
The Federal Reserve holds firm on interest rates after their latest meeting. The decision was expected as progress is bumpy ...
US GDP grew by 2.3% on an annualised basis in the final quarter, according to the Bureau of Economic Analysis. This was slower than the 2.6% annualised growth expected by economists polled by Reuters.
It takes time for the Fed’s decisions to filter through the economy — and then even more time for consumers to see the ...
Nonetheless, already there is a clash with President Trump, who believes interest rates are “far too high." On his Truth Social platform, Trump went on the attack: Because Jay Powell and the Fed ...
The Fed said the job market is “solid,” and noted that the unemployment rate “has stabilized at a low level in recent months.
The Federal Reserve decided to delay additional rate cuts for now and keep interest rates unchanged at its first meeting of ...
The federal funds rate and mortgage interest rates are often expected to move together, but they haven’t lately. Here’s why.
Powell said the Fed is working to align its workforce policies with Trump but signaled that changes could be limited.
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