News

Trump calls Fed chair 'stupid' for not cutting rates
President Trump criticized the Federal Reserve and its leader, labeling him "stupid" for not lowering interest rates. He ...
Federal Reserve expected to leave interest rates unchanged
The Federal Reserve is expected to leave interest rates unchanged Wednesday, but also should provide important economic data ...
Fed jacks up 2025 inflation forecast to 3% — but it doesn’t expect price increases to last
Inflation is likely to rise sharply through the rest of the year, the Federal Reserve's latest forecast indicates, due to the aftereffects of U.S. trade wars. But not for long. The bank upped its ...
Fed predicts higher inflation, slower growth for US economy
The Federal Reserve downgraded its projections for U.S. economic performance this year, along with several primary economic indicators. The U.S. central bank sees lower economic growth, higher ...
Fed sees higher inflation this year than previously expected. Why markets are still holding up?
The Federal Open Market Committee now sees inflation staying elevated longer than previously estimated, while the economy is expected to grow more slow ...