Federal Reserve officials are trying to assess how tariff increases will reshape the outlook for the U.S. economy and ...

Federal Reserve Chair Jerome Powell told lawmakers the central bank is in no rush to lower interest rates as officials wait for more clarity on the economic impact of President Donald Trump’s tariffs.

Apollo, for one, expects just one rate cut in 2025. JPMorgan strategists forecast two. Goldman Sachs last week updated its ...

With the caveat that this is a low-probability event, we discuss what the implications of an early departure of Powell would ...

Trump has badgered Powell for not cutting rates. The Fed Chair says it's the president's own fault.

Meanwhile, Powell described the overall economy and labor market as solid. He said inflation had eased significantly from highs reached in mid-2022, but was somewhat elevated above the Fed’s 2% ...

Federal Reserve officials diverged at their June meeting about how aggressively they would be willing to cut interest rates.

The Federal Reserve kept its forecast for two rate cuts this year amid Trump's tariffs, which are expected to push up ...

Futures data from IG suggests European markets will open higher, with London's FTSE looking set to open 0.2% higher at 8,804, ...

Mr Powell warned that the true impact of Mr Trump’s trade ... The Federal Open Market Committee (FOMC) warned: “Uncertainty about the economic outlook has diminished but remains elevated.” It also ...

Consumer spending and exports fell slightly in the latest estimate, leading to a downward revision. Imports, which dragged down overall output during the first three months of the year, also came in ...

Federal Reserve (Fed) chair Jerome Powell had plenty of opportunities to tell lawmakers definitively the central bank will cut interest rates soon. He didn't take any of them.