Fed is set to hit the pause button on rate cuts

Federal Reserve Bank of Chicago President Austan Goolsbee said Friday he is not opposed to a more gradual approach to ...
Nonetheless, already there is a clash with President Trump, who believes interest rates are “far too high." On his Truth ...
Generally, when inflation is high and the economy is in overdrive, the Fed tries to pump the brakes by setting higher ...
A spike in energy prices helped to lift the headline PCE price index in December. The combined cost of gasoline, electricity, ...
Fed Chair Jerome Powell says, “We do not need to be in a hurry to adjust our policy stance.” ...