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The Federal Reserve is unlikely to lower its benchmark interest rate at its two meetings this summer, several bank ...
It’s not going to be that in June we’re going to understand what’s happening here, or in July,” the NY Fed chief said Monday.
President Trump has pressured the Fed and its chairman, Jerome Powell, to lower rates, something the central bank has been reluctant to do so far. Here’s what to watch out for in the next week ...
The Fed's warning echoes that of analysts who say U.S. companies could face inventory shortfalls as a result of tariff-induced supply chain issues.
A month ago, traders were expecting the Federal Reserve to resume its policy easing path. Trading activity on April 11 ...
Traders lowered their bets on the U.S. Federal Reserve’s interest-rate cuts this year, pricing in just two reductions for ...
The uncertainty of tariffs, mentioned two dozen times after last Wednesday by Powell and multiple reporters questioning him ...
Economists have shifted back their forecasts for lower borrowing costs as President Trump’s tariffs raised the risk of higher inflation and slower growth.
While no rate cuts came at its May meeting, economists now believe a first reduction is more likely in July, rather than June, as once hoped. The reason? The Fed still doesn’t have enough hard ...
Following Wednesday’s Fed meeting, traders slightly reduced their expectations of rate cuts in June or July, seeing a 20.4% chance of a cut next month, according to CME FedWatch. Steady mortgage ...
The central bank's decision leaves the benchmark federal funds rate at a range of 4.25% to 4.5%.It comes after the Fed left rates at that level at its two previous meetings in January and March ...