Fed keeps interest rates steady amid concerns on tariffs’ economic risks

The Fed is expected to leave interest rates unchanged Wednesday, choosing caution as President Trump’s trade upheaval rattles markets and clouds the outlook for inflation and growth. Read More

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

Asked how the Fed will respond to not only higher prices from tariffs and weakening growth and employment, 65% say the central bank will cut rates. Only 26% say the Fed will hold rates when faced with ... Read More

Fed sees rising risks to economy as it leaves rates unchanged

Instacart head Fidji Simo will step down to join OpenAI as its chief of applications, CEO and co-founder Sam Altman said on Thursday, adding she will report to him and that he will remain head of the ... Read More

Fed Warns of Rising Economic Risks as It Leaves Rates Steady

Officials are puzzling over whether to focus on the risks of higher prices or weaker hiring ... Read More

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

Fed's Decision on Interest Rates This Week Seems Clear, Beyond That is Anyone's Guess

Although the Federal Reserve is widely expected to hold its key interest rate steady at its meeting on Wednesday, what happens after that is much more uncertain. Read More

Fed holds rates steady, cites rising risk of higher inflation and unemployment

The Federal Reserve held interest rates steady on Wednesday but said the risks of both higher inflation and unemployment had risen, further clouding the economic outlook as the U.S. central bank ... Read More

Fed's Powell says tariffs could lead to inflation, economic slowdown

Federal Reserve Chair Jerome Powell on Wednesday cautioned that the central bank could face a "challenging scenario" of managing both accelerating inflation and a slowing economy brought on by the ... Read More

Federal Reserve

The Fed's preferred inflation gauge showed price ... Chairman Jerome Powell to cut interest rates. The comments come ahead of Powell's economic outlook speech. The U.S. economy added 228,000 ... Read More

If The Economy Avoids A Recession, It's Not Out Of The Woods

He's also worked at U.S. 1, Community News ... economy—monetary policy—can help fight inflation or boost the job market, but not both at the same time. The Fed can cut its benchmark fed funds ... Read More

Current Inflation Report: March 2025

She was previously the assistant managing editor of investing at U.S. News ... Fed raises the federal funds rate to slow economic activity and reduce inflation. Higher interest rates increase ... Read More

Trump's tariffs roiled markets but data shows a solid economy. Here's why.

Economists who spoke to ABC News said the apparent dissonance between the economy’s gloomy outlook ... the Great Recession. Many economists expect Trump’s tariffs to hike costs and slow ... Read More