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Waiting for a Fed rate cut? Chair Powell offered few signals of one, economists say
Nothing tariffs are starting to push up prices, Powell said the Fed is already “looking through” goods inflation by not raising rates. That “could be pushback to those who might want lower rates now," economist Michael Feroli of JP Morgan Chase wrote to clients.
The central bank kept its target rate at a range of 4.25% to 4.50%, but two policymakers disagreed with the decision.
Former Treasury Secretary Lawrence Summers backed Jerome Powell’s silence on whether he will step down from the Federal ...
Federal Reserve chair Jerome Powell doused hopes of a September rate cut on Wednesday by saying no decisions had been made ...
Thomas Hoenig, former president of the Federal Reserve Bank of Kansas City, joins Meet the Press NOW to discuss Fed Chair ...
Investors focus on the Fed's policy decision and Chair Jerome Powell's news conference. Earnings from Meta and Microsoft are ...
The Federal Reserve has signalled that it could hold interest rates steady at least through September as it defies Donald Trump’s repeated calls for the central bank to dramatically lower borrowing ...
Federal Reserve officials held interest rates steady on Wednesday despite unyielding pressure from Donald Trump to cut borrowing costs, but there’s good news for the president: Opinion within the ...
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