Odds interest rate cuts will reduce the Fed Funds Rate by a quarter percent to a range of 4% to 4.25% in October, also shifted. CME data suggests a 38% probability that interest rates will remain ...

Surprisingly weak July hiring data released on Friday highlighted a fractious Federal Reserve debate over whether the central ...

WASHINGTON: The United States central bank held interest rates steady on Wednesday (Jul 30) and Federal Reserve Chair Jerome ...

Federal Reserve officials are determined to hold interest rates steady a little while longer, though an increasingly ...

Biggest theme this week: increasing tension between Trump and Powell. Economic data remains solid: low unemployment, healthy GDP growth, and core inflation at 2.9%, making a drastic rate cut seem ...

The Federal Reserve is widely expected to hold interest rates steady Wednesday amid internal divisions over the path of ...

Federal Reserve Chair Jerome Powell on June 25 said the U.S. central bank is still struggling to determine the impact of tariffs on consumer prices.

Experts at Bankrate have warned that the cost of President Donald Trump’s tariffs could ultimately be passed on to American ...

Federal Reserve Chair Jerome Powell said he expects the impact of tariffs to show up in inflation data in coming months, while acknowledging that uncertainties remain. “We’re watching. We ...

Summary In the unlikely event that Fed Chair Powell is removed or steps down before his term ends in May 2026, we would likely see a sharp steepening in the Treasury curve as markets price in cuts ...

Despite the uncertainty and back-and-forth nature of Trump’s tariff announcements, a judgment about their likely impact will be central to upcoming Fed debate over whether to leave the benchmark ...

Powell was appointed as chair during the first Trump administration, and he was reappointed for a four-year term in 2022. “I’m not happy with him," Trump said at a White House event on April 17.