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Why the Fed’s Waiting Game on Rate Cuts Could Extend Until September
Economists have shifted back their forecasts for lower borrowing costs as President Trump’s tariffs raised the risk of higher inflation and slower growth. 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
Powell says Fed can wait to lower interest rates again. But will it wait too long?
Jerome Powell said the Federal Reserve can wait to see which effect from Trump's tariffs is worse - high inflation or a weak economy. 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
Trump wants the Fed to cut rates on Wednesday. Will Jerome Powell oblige?
President Trump wants the Federal Reserve to cut interest rates. Here's what experts predict at the central bank's May 7 meeting. Read More
Did the Fed cut rates today? No, but here's when they might
Interest rates for credit cards to mortgages jumped since the Fed began fighting inflation in 2022. Here's where experts think rates are headed. 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
Fed’s Waller says interest rates may need to be cut soon if largest Trump tariffs stay in place
the economy is likely to slow to a crawl, Federal Reserve governor Chris Waller said Monday. As a result, interest-rate cuts would be warranted, even if the taxes on imports cause a spike in ... Read More
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