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Jerome Powell said the Federal Reserve can wait to see which effect from Trump's tariffs is worse - high inflation or a weak economy.
President Donald Trump’s sweeping tariffs have clouded the central bank’s economic outlook, leaving it in wait-and-see mode.
The Bank of England cut rates, highlighting a growing gap in how global central banks and the Federal Reserve are approaching ...
President Trump called out Jerome Powell in a Truth Social post for not lowering interest rates this week, continuing his ...
Get the latest on mortgage rates today and hear how the Fed's May decision and tariffs could affect current and future ...
The Federal Reserve kept interest rates unchanged at its latest meeting this week, leaving the benchmark federal funds rate ...
The Federal Reserve has yet to cut interest rates in 2025 as it seeks greater clarity on the eventual effects of President ...
The Fed on Wednesday kept short-term borrowing costs in the 4.25%-4.50% range, where they have been since December.
Market calm left mortgage rates little changed from a week earlier. The average rate on a 30-year loan was 6.76%.
The Federal Reserve holds interest rates steady as it navigates uncertainty kicked up by President Trump, who keeps ...
President Trump on Thursday criticized Federal Reserve Chair Jerome Powell for holding interest rates steady at the Fed's May ...
The Fed has left it's key interest rate unchanged for three consecutive meetings, with Chair Jerome Powell citing economic ...