News

Fed's Musalem estimates ‘50-50’ chances on tariffs triggering prolonged US inflation, FT reports
St. Louis Federal Reserve President Alberto Musalem has put the likelihood of Donald Trump's trade war causing a prolonged ...
Trump presses Fed chief Powell to cut interest rate by full point despite strong jobs report
An increase in the number of U.S. jobs that was higher than expected makes it unlikely that the Federal Reserve will cut ...
Solid Report Bolsters Fed’s Patient Approach to Interest Rate Cuts
The Fed’s caution is likely to put it on a collision course with Mr. Trump, who has repeatedly urged the central bank to cut ...
ECB's Schnabel sees no lasting decoupling from Fed
Ongoing trade tensions between the United States and the rest of the world are a shock to the entire global economy, meaning ...
2 Reasons Not to Wait for a Fed Rate Cut Before Locking Your Mortgage Rate
Yes, the Federal Reserve could cut interest rates later this year. Or, maybe it won't. In any case, a Fed reduction offers no ...
Trump calls for a jumbo Fed cut, but resilient jobs report makes that even less likely
President Trump once again suggested the Federal Reserve should lower rates, but any slim chance of a June cut evaporated ...
Fed Beige Book shows stagflationary conditions worsened in May
The Beige Book for the period to May recorded a slowdown in economic activity, a looser labour market and an outlook that ...
Tariffs' Toll on Jobs Is Limited So Far, Giving the Fed a Break
The U.S. labor market remained on firm footing in May—even as concerns mounted that higher tariffs would prompt employers to ...
Fed’s Kugler Backs Holding Rates If Inflation Risks Persist
Federal Reserve Governor Adriana Kugler said larger price increases related to President Donald Trump’s tariffs are likely, ...
Chicago Fed chief: Iowa, with its manufacturing and ag jobs, highly affected by tariffs
The head of the Chicago Federal Reserve says tariffs cast uncertainty over Iowa's economy due to its reliance on agriculture ...
Fed likely to leave rates unchanged as US job market cools but doesn't crumble
Federal Reserve policymakers have already signaled they are in no rush to cut interest rates, and a government report on ...
Businesses Expect to Pass Along 50% of Tariffs, Fed Survey Finds
Business expect to pass through roughly half of tariff-related expenses to US consumers still reeling from the pandemic-era ...