He sees the Fed only needing to approve a single quarter-point rate cut late in 2025, based on his view that economic growth will fall to perhaps 1.1% this year and inflation returning to nearly 3 ...

Fed’s Bostic Says Rate Cuts Can Wait, Expects Price Hikes Later In 2025: ... President Trump lashed out at Powell again on Tuesday ahead of the Fed Chair’s testimony in Congress.

MORE: Fed rate hikes haven't curbed inflation much. These policies would work instead, economists say. Those job losses will disproportionately fall on some of the most vulnerable workers, ...

The Fed cut its short-term policy rate by 100 basis points in 2024, but it has been on hold since January, keeping it in a 4.25% to 4.5% range while waiting for tariff uncertainty to clear up.

U.S. Federal Reserve Chair Jerome Powell on Tuesday reiterated the U.S. central bank plans to "wait and learn more" about the impact of tariffs on inflation before lowering interest rates, again ...

The Fed has imposed its most aggressive series of rate hikes in 40 years. The Federal Reserve raised its benchmark interest rate another 0.25% on Wednesday, reviving its inflation fight despite a ...

In an updated forecast, Fed officials now expect inflation, as measured by the core personal-consumption expenditures (PCE) index, to jump to 3.1% by the end of the year, up from a rate of 2.5% in ...

The Federal Reserve’s rate pause keeps borrowing expensive and savings attractive, at least for now. The Fed announced Wednesday that it’s keeping its benchmark interest rate unchanged ...

He sees the Fed only needing to approve a single quarter-point rate cut late in 2025, based on his view that economic growth will fall to perhaps 1.1% this year and inflation returning to nearly 3 ...