Fed pauses interest rate cuts despite Trump’s call to lower rates ‘immediately’
The Federal Reserve decided to delay additional rate cuts for now and keep interest rates unchanged at its first meeting of the year, giving themselves time to assess whether inflation is cooling and how President Donald Trump’s policies might impact the U.S. economy.
President Donald Trump has found a fight that he does not want to pick after backlash to his sweeping freeze on federal aid ...
Chairman Jerome Powell said the central bank is in wait-and-see mode amid mostly positive U.S. economic conditions.
Fed Chair Jerome Powell said “we do not need to be in a hurry to adjust our policy stance” and monetary policy is “well ...
Powell said the Fed is working to align its workforce policies with Trump but signaled that changes could be limited.
The Federal Reserve kicked off its second Trump era right where it left off: Doing exactly what it wanted to do, ignoring President Donald Trump’s demands that it lower rates.
President Donald Trump has begun his second administration with a series of controversial moves and decisions.
A trade war that raises prices would be much more complicated for the central bank than it was during Trump’s first term.
The Federal Reserve's typically bland public statement after it votes on U.S. interest rates dropped a line about making progress on lowering inflation. In December, the Fed said, "Inflation has made ...
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