Federal Reserve officials are trying to assess how tariff increases will reshape the outlook for the U.S. economy and ...

With the caveat that this is a low-probability event, we discuss what the implications of an early departure of Powell would ...

Apollo, for one, expects just one rate cut in 2025. JPMorgan strategists forecast two. Goldman Sachs last week updated its ...

Federal Reserve officials so far see Trump's policies slowing the economy, raising unemployment and inflation, and clouding the horizon with a still-unresolved tariff debate that could deliver a fresh ...

Trump has badgered Powell for not cutting rates. The Fed Chair says it's the president's own fault.

The Fed, helmed by Chair Jerome Powell, is expected to hold rates steady this month despite pressure from President Donald Trump to make cuts.

Powell, however, underscored that uncertainty in the economic outlook meant a wide set of outcomes remained possible. Should inflation come in weaker than expected or the labor market deteriorate ...

Powell described the overall economy and labor market as solid. He said inflation had eased significantly from highs reached in mid-2022, but was somewhat elevated above the Fed’s 2% objective.

Mr Powell warned that the true impact of Mr Trump’s trade ... The Federal Open Market Committee (FOMC) warned: “Uncertainty about the economic outlook has diminished but remains elevated.” It also ...

Consumer spending and exports fell slightly in the latest estimate, leading to a downward revision. Imports, which dragged down overall output during the first three months of the year, also came in ...

The Federal Reserve kept its forecast for two rate cuts this year amid Trump's tariffs, which are expected to push up ...

Federal Reserve (Fed) chair Jerome Powell had plenty of opportunities to tell lawmakers definitively the central bank will cut interest rates soon. He didn't take any of them.