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Fed chair Powell's 'wait and see' approach to interest rates has drawn criticism from the Trump administration, which insists ...
Fed officials are increasingly split on rate cuts, though UBS's Paul Donovan says their indecision currently amounts to little more than “masterful inactivity.” ...
President Donald Trump visited the Federal Reserve headquarters in Washington Thursday, where he publicly scorned Fed ...
The Bureau of Labor Statistics reported that the consumer price index (CPI), a popular inflation gauge, increased in June to ...
Bank of Dallas president Lorie Logan says that while policymakers will likely need to hold interest rates steady for a bit ...
President Trump has said he may move up the announcement of Powell's replacement, with analysts looking for public debate among FOMC members for clues as to who is "auditioning" for the role.
The Fed system's seven governors, including the system chair, are appointed by the president and confirmed by the Senate. Powell's term ends in May 2026, and Trump is expected to nominate a ...
That's according to the CME Group's FedWatch Tool, which as of June 18, 2025, shows a likelihood of 99.9% that the Fed will keep the federal funds rate at its current range of 4.25% to 4.5%.
Each of the rate cuts is forecasted to be a 0.25% cut, which would take the Fed funds rate range down to 3.5% to 3.75% by the end of 2025. Personal spending decreased Inflation’s persistence was ...
Such a low reading suggests the Fed’s rate should be closer to neutral, below its current level of 4.4%, because it doesn’t need a high rate to slow inflation.