Trump ramped up calls for the Fed to cut interest rates this week. Fed officials kept interest rates level after their latest meeting. Here's what to know about the president's relationship with ...
At his post-meeting news conference, Fed chairman Jerome Powell said the current outlook is that any price jumps from tariffs likely will be short-lived. “It can be the case that it’s ...
US Fed chair Jerome Powell-led rate-setting panel projected two quarter-percentage-point rate cuts by the end of this year. “The committee would be prepared to adjust the stance of the monetary ...
Six years after the “hospital war” between health care companies ended in Fort Mill, a new skirmish over ambulance service again pits Piedmont Medical Center against Atrium Health. Fort Mill ...
More immediately.” In a post on his Truth Social platform late on Tuesday, Trump wrote that the Fed “would be MUCH better off CUTTING RATES as U.S. Tariffs start to transition (ease!) ...
Trump posted late on Wednesday on his Truth Social platform: "The Fed would be MUCH better off CUTTING RATES as UsTariffs start to transition (ease!) their way into the economy. Do the right thing." ...
Wednesday’s decision, which comes at the conclusion of the Fed’s two-day monetary policy meeting, shows that central bankers are waiting for evidence that inflation is headed toward their 2% ...
What made those decisions relatively straightforward was the fact that the Fed’s goals of achieving low and stable inflation and a healthy labor market were not in conflict with each other.
Before the meeting, there had been expectations that US President Donald Trump’s escalating trade war and higher price increases could prompt Fed chairman Jerome Powell to adopt a more ...
The two-day meeting of the US Federal Open Market Committee (FOMC) commenced on March 18, with the US central bank slated to announce the outcome later tonight, March 19. The rate-setting ...
The Federal Reserve maintained the Fed Funds rate at 4.25%-4.50% but reduced the pace of quantitative tightening to ease financial conditions amid market volatility. Economic projections were ...
So did the Fed, noting in its policy statement Wednesday that it expects weaker growth and higher inflation than previously assumed. However, it also noted “high uncertainty” surrounding the ...