Fed Stays Steady, and Powell Offers No Guidance on Future Rate Cuts
After three cuts at the end of last year, Federal Reserve officials paused rate moves as they weigh a solid economy and rising inflation risks. Jerome H. Powell, the Fed chair, said the central bank was not on a “pre-set course.
Powell says Fed can take its time on rate cuts
Last month, Fed officials signaled they expect just two rate cuts for all of 2025, a shallower path of reductions than previously anticipated. Policymakers will update their projections on the economy and rates at their next meeting in March. This month’s pause in rate cuts comes amid increasing uncertainty about how inflation will evolve.
Fresh tariffs amid high inflation are making the Fed’s job uniquely difficult and feeding uncertainty about what to expect for interest rates this year.
Fed Chair Jerome Powell said Wednesday that he continues to look at the overall progress that inflation has made in moving ...
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Powell’s Federal Reserve monetary policy is now a sideshowFed leaves interest rates unchanged, with Powell offering little on inflation or employment amid uncertainty over Trump's economic policies.
President Donald Trump renewed his complaints with the Federal Reserve after it left its benchmark interest rate unchanged.
In a post on Truth Social, President Donald Trump vowed to stop inflation himself with regulatory cuts, increasing energy ...
Just over a week after Donald Trump’s return to the White House, Federal Reserve officials are gathering in Washington to ...
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Powell vs. markets: What to expect from Jerome’s speech as Fed’s two-day policy meeting ends todayThe Federal Reserve is widely expected to keep interest rates unchanged as its two-day policy meeting concludes on January 29 ...
The US Federal Reserve is set to announce its first monetary policy decision of 2025 on Wednesday (January 29) with ...
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