President Trump’s plans risk stoking inflation and denting growth, an undesirable combination that economists warn could lead to much tougher trade-offs for the central bank.
Category: Powell, Jerome H
U.S. Inflation Eased More Than Expected in February
Economists are bracing for intensifying price pressures and slower growth, posing a challenge for the Federal Reserve.
CPI Report: Inflation Rose Unexpectedly in January
The Consumer Price Index rose 3.0 percent from a year earlier as food and energy prices picked up.
The Fed Holds Rates Steady, Hitting Pause After a Series of Cuts
The U.S. central bank did not cut borrowing costs amid a solid economy and rising inflation risks.
Jerome Powell and the Fed Head for Another Collision with Trump
Rates may not come down as much or as quickly as had been expected, just as Trump — a self-declared “low-rate guy” — returns to the White House.
Stocks Hit Record High a Day After Fed’s Big Interest Rate Cut
The S&P 500 rose 1.7 percent on Thursday, rallying a day after the Federal Reserve cut interest rates by half a percentage point.
Fed Cuts Interest Rates for First Time in Four Years
Fed officials kicked off rate cuts with a half-point reduction, confident that inflation is cooling and eager to keep the job market strong.
How Big Will the Fed Rate Cut Be? Officials Need to Strike a Balance.
Policymakers are expected to lower rates for the first time in four years on Wednesday while releasing fresh economic forecasts.
The Fed Holds Rates Steady and Predicts Just One Reduction This Year
Federal Reserve officials signaled that interest rates could stay higher this year as policymakers pause to ensure they’ve stamped out inflation.
Fed Holds Rates Steady, Noting Lack of Progress on Inflation
The Federal Reserve left interest rates unchanged for a sixth straight meeting and suggested that rates would stay high for longer.