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.
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Fed Chair Jerome Powell said Wednesday that he continues to look at the overall progress that inflation has made in moving ...
Fed Chairman Powell says the central bank wasn't sending a negative message by ditching a line about making progress on lowering inflation in its latest statement. "We just did a little bit of ...
Powell made clear that Fed policymakers are in no rush to reduce interest rates further, after lowering borrowing costs by a ...
In a post on Truth Social, President Donald Trump vowed to stop inflation himself with regulatory cuts, increasing energy ...
President Donald Trump renewed his complaints with the Federal Reserve after it left its benchmark interest rate unchanged.
Central bank policymakers are widely expected to stand pat on interest rates. Investors await further details from Fed Chair ...
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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