Trump’s tariffs and immigration crackdown, among other policies, have generated unusual uncertainty about the course of inflation and the economy, leaving the Fed decidedly in wait-and-see mode.
The dismantling of the CFPB — an agency funded through the Fed in order to maintain independence from the political process — took center stage during Powell’s hearing before the Senate ...
The uptick in inflation comes after the Fed opted against a fourth consecutive interest rate cut at its meeting last month. Uncertainty surrounding Trump's plans for tariffs, which are taxes on ...
"Instead, we get a rehash of the press conference following the Fed’s decision to leave rates on hold in January," said James Knightley, chief international economist at Dutch bank ING.
FT montage/Bloomberg Powell testimony as it happened - Fed chair gives few clues on next rate move and avoids being drawn on response to Trump policies on x (opens in a new window) Powell ...
Dollar down on the day Fed's Powell in no rush to cut rates again Tariff concerns ease, but remain key focus Feb 11 (Reuters) - The U.S. dollar fell on Tuesday as Federal Reserve Chair Jerome ...
Futures priced in 35 basis points' worth of Fed rate cuts by the year-end, little changed from before Powell's comments, which implies one 25 bps cut and only a partial chance of a second.
Gordon Ramsay and Fred Sirieix broke their social media cover amid the allegations against their former co-star Gino D'Acampo. The Italian TV star, 48, known for his cheeky on-screen persona ...
Samy Arbid told CNN he found a 525-pound adult, male black bear living under his Altadena, California, home after the Eaton Fire blazed through the city. The fire scorched more than 14,000 acres ...
At the end of its Federal Open Market Committee session on January 29, 2025, the Fed announced holding the federal funds target interest rate steady at a range of 4.25% to 4.50%. It marks the ...
Fred Hutch Cancer Center unites innovative research and compassionate care to prevent and eliminate cancer and infectious disease. We’re driven by the urgency of our patients, the hope of our ...