After their meeting Wednesday, Fed officials held interest rates steady in a range of 4.25% to 4.5%. In December, officials had penciled in two quarter-point cuts for 2025. Also read: Powell takes ...
The European Central Bank cut interest rates on Thursday and policymakers guided for a further reduction in March as concerns ...
It takes time for the Fed’s decisions to filter through the economy — and then even more time for consumers to see the ...
Fed Chair Jerome Powell says, “We do not need to be in a hurry to adjust our policy stance.” ...
The Bank of England looks likely to cut interest rates next week, when it could also nudge investors to expect faster ...
Chairman Jerome Powell said the central bank is in wait-and-see mode amid mostly positive U.S. economic conditions.
After a two-day meeting of its monetary policy committee in Washington, the Fed announced it would hold its rate target at 4.25% to 4.50%.
Policymakers left their benchmark rate unchanged amid signs that the economy is humming along, defying the president’s ...
The central bank’s decision to pause at its first meeting of 2025 followed a series of cuts that began in September to ...
Outside of a U.S. President bending norms, the Fed also faces challenges in achieving its economic objectives. Inflation ...
The Fed held interest rates steady as it continues to combat inflation. President Trump wants to see lower rates, but some of ...