There’s no cocktail a central banker hates more than high unemployment mixed with high inflation. That cocktail, also known as stagflation, was in the limelight after the Federal Reserve’s March ...
"Looking ahead, the new administration is in the process of implementing significant policy changes in four distinct areas: ...
The Fed’s consensus for GDP growth dropped from 2.1% to 1.7% after its latest round of economic forecasts published Wednesday ...
The Fed lowered its expectations for GDP growth in 2025 to 1.7%, down from its 2.1% estimate in December 2024. Meanwhile, it expects core inflation to hit 2.8%, up from 2.5%. Part of that is ...