Fed Keeps Rates Steady and Flags Heightened Uncertainty About the Economy

The Federal Reserve stuck to a wait-and-see approach as officials brace for President Trump’s tariffs to stoke higher inflation and slower growth. Jerome H. Powell, the Fed chair, said that it’s “not ... Read More

What Fed is (likely) waiting for before lowering interest rates

The Federal Reserve is set to hold interest rates steady and hint it's in no hurry to cut as tariffs threaten to heat up inflation amid solid economy ... Read More

Federal Reserve official sees signs of slowing economy but not ready to cut rates

A top Federal Reserve official said Friday that massive uncertainty created by President Donald Trump’s tariffs has caused some businesses to cut back on hiring and spending, threatening to slow the ... Read More

Economic Concerns Are Mounting, but the Fed Isn’t Cutting Rates Proactively

The U.S. central bank is set to reinforce its wait-and-see approach at its meeting this week as President Trump’s tariffs begin to bite. Read More

Today's Mortgage Rates | Nobody Knows Where Rates Will Go This Year — Not Even the Fed

These are today's mortgage and refinance rates. Mortgage rates dropped slightly after the Fed wrapped up its May meeting on Wednesday. Read More

Why the RBA is set to break away from the Fed and cut rates

Even so, market participants and economists are convinced the RBA will break with the Fed and resume its easing cycle at the next policy meeting on May 20 – a notable departure from the US central ... Read More

Wobbling economy will push the Fed to cut interest rates later this year, CNBC survey finds

A 63% majority of respondents to the CNBC Fed Survey believe across-the-board 10% tariffs will likely remain on all U.S. imports after the completion of new trade deals. Strong majorities see tariffs ... Read More

US economy shrank in first quarter as tariff-related import surge trimmed gains

Forecasters expect the economy to slow dramatically later this year, with many predicting a mild recession, as tariffs boost prices and hamper spending. Read More

Federal Reserve expected to hold rates again as economic uncertainty clouds path ahead

For a third straight meeting, the Federal Open Market Committee is expected to keep its policy interest rate unchanged at 4.25%-4.50% as the Federal Reserve's policymaking arm navigates through ... Read More

Everyday Economics: All eyes on the Fed as economic signals flash caution

Fed expected to hold rates steady despite mounting economic headwindsPCE inflation substantially decelerated in March, falling to 2.3%.Labor market is weakening rapidly with hiring rates at decade ... Read More

What Fed is (likely) waiting for before lowering interest rates

Need a break ... hikes. Here’s why Fed officials could signal that they’re inclined to wait longer to reduce rates: To be sure, the economy shrank at an annual rate of 0.3% in the first ... Read More