Detroit Federal Reserve

News

Fed, interest rate

Summer slump likely ahead for consumers who would like to see Fed cut interest rates

Several economists expect the Federal Reserve could play wait-and-see for a while longer. Some expect the Fed to next cut rates in September.

Madison.com · 2d

Federal Reserve leaves its key rate unchanged but sees two cuts this year

Fed officials see inflation, according to its preferred measure, rising to 3% by the end of this year, from 2.1% in April.

MarketWatch · 2d

Fed sticks with forecast of two interest-rate cuts this year despite new inflation worries

The Federal Reserve on Wednesday stuck to its forecast of two interest-rate cuts in 2025 despite seeing a burst of inflation coming in the next few months as a result of higher tariffs. In an updated forecast,

6hon MSN

Senate parliamentarian deals blow to GOP plan to gut consumer bureau in tax bill

Republicans in the Senate proposed zeroing-out funding for the CFPB, the landmark agency set up in the aftermath of the 2008 ...

Detroit News3d

Federal Reserve holds key interest rate steady, points to future cuts

Washington — Federal Reserve officials expect inflation to worsen in the coming months but they still foresee two interest rate cuts by the end of this year, the same as they projected in March.

WXYZ Detroit 7, MI on MSN2d

Detroit organizations partner to turn food waste into meals for hungry families

A new program in southwest Detroit's Delray neighborhood is working to rescue surplus food that would otherwise be thrown away and distribute it to families in need across metro Detroit.

Forbes1mon

Federal Reserve Will Cut Staff By 10%

The Federal Reserve aims to cut 10% of its workforce over the next several years, Chair Jerome Powell told employees in a memo—following suit with the Trump administration’s efforts to reduce ...

THE WEEK1mon

What is the Federal Reserve and what does it do?

The Federal Reserve has likely come across your radar at some point. Often referred to as simply "the Fed," this central banking system of the United States typically meets eight times a year to ...

Results that may be inaccessible to you are currently showing.

Hide inaccessible results