Trump’s tariffs and immigration crackdown, among other policies, have generated unusual uncertainty about the course of inflation and the economy, leaving the Fed decidedly in wait-and-see mode.
The dismantling of the CFPB — an agency funded through the Fed in order to maintain independence from the political process — took center stage during Powell’s hearing before the Senate ...
Identified as 15-year-old Brayden Morris, RPD said preliminary information indicates that about 1:39 p.m., the shooter had allegedly fired a round from a pistol into the air before fleeing the scene.
The uptick in inflation comes after the Fed opted against a fourth consecutive interest rate cut at its meeting last month. Uncertainty surrounding Trump's plans for tariffs, which are taxes on ...
"Instead, we get a rehash of the press conference following the Fed’s decision to leave rates on hold in January," said James Knightley, chief international economist at Dutch bank ING.
FT montage/Bloomberg Powell testimony as it happened - Fed chair gives few clues on next rate move and avoids being drawn on response to Trump policies on x (opens in a new window) Powell ...
Dollar down on the day Fed's Powell in no rush to cut rates again Tariff concerns ease, but remain key focus Feb 11 (Reuters) - The U.S. dollar fell on Tuesday as Federal Reserve Chair Jerome ...
The Rust Belt is a colloquial term used to describe the geographic region stretching from New York through the Midwest that was once dominated by the coal industry, steel production, and ...
Futures priced in 35 basis points' worth of Fed rate cuts by the year-end, little changed from before Powell's comments, which implies one 25 bps cut and only a partial chance of a second.
At the end of its Federal Open Market Committee session on January 29, 2025, the Fed announced holding the federal funds target interest rate steady at a range of 4.25% to 4.50%. It marks the ...
A good running belt sits snugly around your body, keeping everything secure and accessible so you can focus on your run. That said, not all running belts are created equal. That’s why we’ve ...