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Forecasters nudge up growth and trim inflation estimates as tariffs prove lower and less costly than expected in April.
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Will debt really be the US’ downfall?
People have been wringing their hands about the US’ imminent debt crisis for decades now. But the US weathered the 2008 financial crisis and remains standing. It also has never defaulted on its debts.
Federal Reserve Chair Jay Powell has reiterated that rate decisions will be data-driven — by inflation, and employment.
The Fed is expected to hold interest rates steady in July, waiting for more clarity on how tariffs will affect the economy.
Jamie Dimon warned that markets are underestimating inflation and the risk of more Fed rate hikes amid global trade tensions.
The central bank remains cautious, even as calls for rate cuts grow louder from the White House and other policymakers.
Although markets are trying to shrug off the week's U.S. tariff threats as yet another negotiation tactic, there's growing ...
The newly published meeting minutes highlighted a divide over how Federal Reserve officials expect the economy to respond to ...
Only "a couple" of officials at the Federal Reserve's June 17-18 meeting said they felt interest rates could be reduced as soon as this month, with most policymakers remaining worried about the ...
Federal Reserve officials diverged at their June meeting about how aggressively they would be willing to cut interest rates.
The market currently projects an interest rate cut in the fall, though two Fed officials floated the possibility of a rate ...
The prospect of the Federal Reserve once again setting its short-term interest rate target at near zero levels at some point ...