News

Powell emphasizes Fed's obligation to prevent 'ongoing inflation problem' despite Trump criticism
The cautious tones from Powell could further antagonize President Donald Trump, who has ramped up his long-standing criticism ...
Powell says Fed can wait to reduce interest rates as Trump demands cuts
The Federal Reserve will continue to wait and see how the economy evolves before deciding whether to reduce its key interest ...
Despite growing divide at the Fed, Chair Powell throws cold water on the possibility of a July rate cut
It’s still too soon for the Federal Reserve to consider lowering interest rates, Chair Jerome Powell said Tuesday.
What other Fed officials have been saying ahead of Powell's Congressional testimony
Ahead of Fed Chair Jerome Powell's Congressional testimony, here's a roundup of what his colleagues at the central bank have ...
+24 relevant news
Higher inflation, slower economic growth: What the Fed expects in the months ahead
The Federal Reserve kept its forecast for two rate cuts this year amid Trump's tariffs, which are expected to push up ...
Exclusive-Fed's Barkin: No Rush to Cut, Can't Dismiss Inflation Risks From Tariffs
WASHINGTON (Reuters) -Richmond Federal Reserve President Thomas Barkin said on Friday there's no rush to cut interest rates ...
Fed’s inflation fight isn’t over yet, says former No. 2 at central bank
Tariffs aren’t yet showing up in inflation data, but that doesn’t mean they won’t in the coming months, says Richard Clarida, ...
Fed sees its preferred inflation gauge topping 3% this year, higher than previous forecast
FOMC officials expect the core personal consumption expenditures price index, which excludes food and energy, to increase at ...