However, the Federal Reserve is now projecting fewer rate cuts but also seems to have shifted from a fear of hurting the labor market (hard landing) to concern inflation isn't continuing to trend ...

She added that “we expect the Fed to opt to skip a January rate cut, before resuming its easing cycle in March”. The new policy rate is now a percentage point lower than the peak reached in ...

But the real way to think about Wednesday’s monetary news is that the Fed now all but admits it has underestimated the staying power of inflation. In September, Fed chairman Jerome Powell ...

He said he remained "very optimistic" about the state of the US economy, adding that the Fed was now "significantly closer" to the end of its current easing cycle. It was the final planned rate ...

The Federal Reserve now projects 2025 PCE inflation at 2.5%, up sharply from September’s forecast of 2.1%. If markets hope to recover from the sharp sell-off triggered by the Federal Reserve’s ...

US Fed Meeting: Jerome Powell-led FOMC slashed the key interest rate by a quarter point on December 18 and hiked the headline inflation to 2,5 per cent. (Photo: Stock)(iStock) The US Federal ...

The Fed now projects inflation to rise to 2.5 per cent in 2025, from 2.1 per cent in its prior projections – well above the central bank’s target. Economists have warned that Trump’s policy ...

But now, the Fed is facing a variety of challenges as it seeks to complete a “soft landing” for the economy, whereby high rates manage to curb inflation without causing a recession.

3:02 PM ET: "We are in a new phase in the process of rate adjustments," as the policymakers now need to see more progress in inflation. The Fed still thinks the interest rate is "meaningfully ...

The Fed projects a strong US economy in 2025 with no recession ahead. Inflation is now expected to hit the 2% target later, by 2027. Federal Reserve chair Jerome Powell speaks at the New York ...

The Fed now sees two cuts next year, rather than the four it was forecasting in September. “A more hawkish dot plot and guidance that the pace of easing is about to get dialled back landed like a lump ...