Big Banks All Pass the Federal Reserve’s Stress Tests, but the Tests Were Less Vigorous This Year
The Fed said it went with a less vigorous test because the global economy has weakened since last year, and therefore the test tends to weaken. read more >
by Associated Press -
Powell Says Fed Can Wait to Reduce Interest Rates as Trump Demands Cuts
Trump lashed out again early Tuesday, posting on his social media site: “I hope Congress really works this very dumb, hardheaded person, over." read more >
by Associated Press -
Federal Reserve Leaves Key Rate Unchanged But Sees Two Cuts This Year
The Fed kept its key rate unchanged for the fourth straight meeting Wednesday. read more >
by Associated Press -
Fed Officials Left In Limbo as Tariffs Complicate This Week’s Rate Decision
With the economy potentially pulling in both directions, Chair Jerome Powell and other Fed officials have underscored in recent remarks that they are prepared to wait for clearer signals on which way to move. read more >
by Associated Press -
Trump Meets With the Federal Reserve Chairman He Has Repeatedly Scorned
Jerome Powell told the president that the central bank would make decisions about the short-term interest rate it controls “based solely on careful, objective, and non-political analysis.” read more >
by Associated Press -
Powell Defends Federal Reserve Amid Onslaught of Attacks From Trump
Powell specifically defended the central bank's decision to cut its key interest rate to nearly zero in response to the pandemic. read more >
by Associated Press -
Federal Reserve Official Sees Signs of Slowing Economy but Not Ready to Cut Rates
Fed speakers Friday underscored the difficult challenge the central bank faces right now. If the tariffs push up inflation, the Fed would keep rates elevated — or raise them further. But if the duties worsen the economy, the Fed would typically cut rates. read more >
by Associated Press -
Federal Reserve Leaves Key Rate Unchanged as It Sees Risk of Higher Prices and Higher Unemployment
Many economists and Wall Street investors still expect the Fed will reduce rates this year, but the sweeping tariffs imposed by Trump have injected a tremendous amount of uncertainty into the U.S. economy and the central bank's policies. read more >
by Associated Press -
Federal Reserve Likely to Defy Trump, Keep Rates Unchanged This Week
Some economists forecast the Fed won't cut rates until its September meeting, or even later. But Fed officials could move sooner if tariffs hit the economy hard enough. read more >
by Associated Press -
Wall Street Rallies After Trump Softens His Tough Talk On Trade and The Fed
Trump said late Tuesday that U.S. tariffs on imports coming from China could come down “substantially” from the current 145%. “It won’t be that high, not going to be that high,” Trump said. read more >
by Associated Press -
Federal Reserve Sees Tariffs Raising Inflation This Year, Keeps Key Rate Unchanged
The Fed also now expects the economy to grow more slowly this year and next than it did three months ago. read more >
by Associated Press -
‘Stagflation’ Risk Puts Federal Reserve In Tricky Spot as It Meets This Week
When Federal Reserve officials last met in late January, things looked pretty good. What a difference seven weeks makes. read more >
by Associated Press -
Powell Says Fed ‘Well Positioned’ for ‘Risks and Uncertainties’ That Lie Ahead
The Fed Chair also said the central bank has launched a second review of its policy strategies and its communications tools. read more >
by Associated Press -
Fed Hold Rates Steady, Sees Inflation as ‘Elevated,’ as Powell Declines Comment on Trump
In a statement, the Fed said the job market is “solid,” and noted that the unemployment rate “has stabilized at a low level in recent months.” read more >
by Associated Press -
Federal Reserve Expected to Stand Pat On Rates Even as Trump Demands Cuts
The Fed's two-day meeting that ends Wednesday may be uneventful, it nevertheless kicks off what is likely to be a turbulent year for the central bank. read more >
by Associated Press -
US Inflation Picked Up In December but Underlying Price Pressures Eased
The report presents a mixed picture, with consumers still grappling with high prices for essentials such as groceries, housing, and some services such as air fares. read more >
by Associated Press -
Federal Reserve Cuts Its Key Rate but Envisions Fewer Reductions Next Year
The central bank's expectation of just two rate cuts in 2025 rattled Wall Street, sending stock prices plummeting in the worst day for the market in four months. read more >
by Associated Press -
Why Trump and the Federal Reserve Could Clash In the Coming Years
Trump’s proposals to cut taxes and impose steep and widespread tariffs are a recipe for high inflation in an economy operating at close to full capacity. And if inflation were to reaccelerate, the Fed would need to keep interest rates high. read more >
by Associated Press -
Powell Says Fed Will Likely Cut Rates Cautiously Given Persistent Inflation Pressures
Powell, speaking in Dallas, said that inflation is edging closer to the central bank's 2% target, “but it is not there yet." At the same time, he said, the economy is strong, and the policymakers can take time to monitor the path of inflation. read more >
by Associated Press -
Federal Reserve Is Set to Cut Rates Again While Facing a Hazy Post-Election Outlook
No one knows how Tuesday's presidential election will turn out, but the Federal Reserve's move two days later is much easier to predict: With inflation continuing to cool, the Fed is set to cut interest rates for a second time this year. read more >
by Associated Press -
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