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2 mins read

The Fed confirms that Americans will have to wait longer for interest rate cuts

The Federal Reserve held interest rates steady on Wednesday, pushing back any hopes of an interest …

Ayelet Sheffey   


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2 mins read

Why the Fed's rate-cutting agenda could spark a recession, according to top economist Mohamed El Erian

The economy has a 35% chance of a hard-landing, according to top economist Mohamed El-Erian.

Jennifer Sor   


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2 mins read

The Fed now expects just one interest rate cut this year — but there's still time for that to change, Powell says

The Federal Reserve held interest rates steady on June 12, with Powell leaving the door open for a …

Ayelet Sheffey   


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3 mins read

The Fed's next decision will likely mean Americans are going to wait a lot longer for any interest rate cuts

The booming jobs report and still-high inflation mean the Federal Reserve is likely to hold interes…

Ayelet Sheffey,Madison Hoff   


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3 mins read

US Fed says further interest rate hike unlikely going ahead

US Federal Reserve Chair Jerome Powell said a further interest rate hike from here is unlikely and …

ANI   


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Jennifer Sor   


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Rupee rises 6 paise to close at 83.13 against US dollar

The rupee appreciated 6 paise to close at 83.13 (provisional) against the US dollar on Thursday, su…

PTI   


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The Fed once again holds interest rates steady — with cuts expected later this year

The Federal Reserve announced interest rates will remain unchanged, staying in line with Powell's r…

Ayelet Sheffey   


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Trump allies are drawing up plans to make the Fed less independent, report says

Trump allies have drafted proposals to rein in Fed independence and align the central bank with the…

Yuheng Zhan   


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2 mins read

The economy needs to take one of these 2 paths before the Fed cuts interest rates, Powell says

While Jerome Powell said interest-rate hikes were "unlikely," he needs more confidence in inflation…

Ayelet Sheffey   


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2 mins read

Fed officials cast more doubt on the timing of rate cuts this year

Powell warned earlier this week that rate cuts could be delayed, with his colleagues echoing that i…

Jennifer Sor   


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2 mins read

The Fed likely won't cut rates until after a recession strikes, research firm says

The Fed is making a big mistake by not cutting interest rates right now, according to GlobalData TS…

Matthew Fox   


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3 mins read

Trump's team wants to restructure the Fed and let him have a say on interest rate decisions: WSJ

The Wall Street Journal reported that Trump's advisors are making a plan that would give Trump the …

Ayelet Sheffey,Madison Hall   


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Trump criticizes Fed Chair Powell for considering interest rate cuts this year to 'help the Democrats' win elections

Former President Donald Trump told Fox News that if he gets re-elected, he won't reappoint Fed's Je…

Ayelet Sheffey   


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2 mins read

Oil prices aren't the Fed's biggest problem right now — American demand is, says an economist

The attack on Iran on Friday isn't as important for US inflation as domestic demand, said an econom…

Huileng Tan   


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3 mins read

The Fed may have pumped so much money into the economy that it's now taking way longer to cut rates

Interest rate cuts may not come so soon amid strong job growth and persistent inflation.

Huileng Tan   


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1 min read

The Fed insists it will cut rates this year

While the Fed wants to see inflation cool further, it said it didn't need to fall to its 2% target …

Aruni Soni   


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2 mins read

The odds of a Fed rate cut in June just spiked

The central bank kept rates unchanged, and traders ramped up bets that rates would come down in Jun…

Phil Rosen   


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2 mins read

The Fed's timing for interest rate cuts won't have anything to do with the presidential election, Powell says

Former President Donald Trump said cutting interest rates this year would "help the Democrats" win …

Ayelet Sheffey   


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5 mins read

5 charts that show how the Fed's war on inflation has frozen the housing market

The Federal Reserve aggressively hiked interest rates to lower inflation during the pandemic, but i…

Ayelet Sheffey,Madison Hoff