The president last week inserted himself into the debate over interest rates ahead of the central bank’s meeting this week.
The president can't remove Powell before his term ends in 2026 simply because of policy disagreements or frustration over ...
At the Federal Reserve’s first meeting in 2025, consumers are going to want what Fed Chair Jerome Powell simply can’t give ...
The Federal Reserve is widely expected to hold its key interest rate steady on Wednesday as officials wait for more data that ...
Since the FOMC is responsible for setting interest rate policy at the Fed, Wall Street watches each SEP very closely. In the September SEP, the FOMC forecast five potential interest rate cuts in 2025, ...
The bond market’s moves might seem strange given that the Federal Reserve has lowered interest rates three times starting in September. But it’s a reminder that markets care more about the ...
"While Federal Reserve monetary policy is a factor influencing interest rates ... lower rates in the near future. Still, rates are on par with historical norms, notes Whitehead.
While the chances of an interest rate cut at the January Fed meeting look slim right now (the CME Group's FedWatch tool has a pause in cuts set to an almost 100% certainty), what's said (and not ...
ST. LOUIS—A Federal Reserve official said he viewed last month’s decision to lower interest rates as a “close call” because the economic outlook appears to be different now than it was ...
The main job of a central bank is to maintain the purchasing power of the currency, yet the U.S. dollar has depreciated about ...