But all of those things are directionally towards higher inflation, which means higher interest rates than otherwise would be ...
The president-elect says his new administration will have "no choice" but to carry out his policy of deporting people living in the US illegally.
Jerome Powell, Chair of the Federal Reserve Board made the announcement on Thursday, Nov. 7. With inflation cooling several weeks ago, the benchmark interest rate, known as the federal funds rate, ...
U.S. stocks are coasting to the close of their best week in a year with some modest moves on Friday. The S&P 500 was 0.3% higher in afternoon trading and on track for its biggest weekly gain since ...
The outcome of the Monetary Policy Committee meeting was announced at midday today. Stay up to date with live reporting and ...
Trump's plans for tariffs could stoke inflation and make the Fed's interest-rate decisions more complicated.
The Fed’s future moves are now more uncertain in the aftermath of the election, given that Donald Trump’s economic proposals ...
The Federal Reserve cut interest rates by a quarter of a percentage point on Thursday in a move that preserves flexibility as ...
President-elect Donald Trump is expected to retain Federal Reserve chair Jerome Powell until his term expires in May of 2026.
The markets may be underpricing the risk of higher inflation and interest rates, he said. "I'm still of the camp that the ...