
A fleeting inflation bump might pave the way for the Federal Reserve to cut interest rates, according to a top Fed official.
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A fleeting inflation bump might pave the way for the Federal Reserve to cut interest rates, according to a top Fed official.
Federal Reserve Chair Jerome Powell met with U.S. President Donald Trump today at the White House to discuss the state of the economy.
A key Federal Reserve official said Monday he believes the central bank should cut interest rates once in 2025 and then sit tight to assess the fallout of President Donald Trump’s tariffs on the U.S. economy.
Federal Reserve Chair Jerome Powell is warning that near-zero interest rates are likely to be a thing of the past.
The Federal Reserve has been playing a waiting game for months. A lot has changed this week. And the Fed will probably just keep playing the waiting game.
The Federal Reserve’s two-day policy meeting kicks off Tuesday morning, and its outcome could have a huge effect on the U.S. economy for the foreseeable future.
Federal Reserve Chair Jerome Powell said Wednesday that he expects President Donald Trump’s tariffs to lead to further inflation.
Federal Reserve Chairman Jerome Powell said Friday that he expects President Donald Trump’s tariffs to raise inflation but that the central bank won’t move to change interest rates until it has a better picture of the impact.
The better-than-expected jobs numbers for March are relics of a bygone era in the U.S. economy and won’t stand in the way of the Federal Reserve cutting interest rates later this year, some economists said.