News

Fed ‘Well Positioned’ to Wait on Rate Cuts Even as Economic Risks Rise, Minutes Show
Officials at the Federal Reserve have adopted a wait-and-see approach to policy moves amid extreme uncertainty about the ...
Fed set to hold rates steady despite 'as good as it gets' inflation print
A cooler inflation reading from the month when President Trump's tariffs went full blast likely won't shake the Federal ...
Trump meets with the Federal Reserve chairman he has repeatedly scorned
President Donald Trump met with Federal Reserve Chair Jerome Powell and the two discussed the economy but not Powell’s ...
Powell defends Fed independence after Trump pressures him to cut interest rates
The Federal Reserve chair said the two discussed "economic developments" but not his expectations for monetary policy at a ...
Tariff ruling likely delays inflation spike — and Fed rate cuts to Q4 at the earliest, says TD Securities
A U.S. court's ruling suspending most of President Trump's 2025 tariffs could delay inflation increases via the consumer-price index to a July to September timeframe, according to TD Securities. Those ...
What's the CD account interest rate forecast for June 2025?
Decisions made at the Federal Reserve's June meeting and other factors could influence CD interest rates this June.
Federal Reserve Staff See Increased Recession Risk in Wake of Tariffs, Minutes Show
Federal Reserve staff now view a recession as “almost as likely” as their baseline forecast, according to minutes from the ...
US housing finance chief tells Powell to lower interest rates
The director of the Federal Housing Finance Agency (FHFA) took to social media Monday to tell Federal Reserve Chair Jerome ...