New York Federal Reserve president John Williams told Yahoo Finance he expects the central bank to keep rates unchanged for 'some time' as policymakers watch how new tariffs from President Trump affect the economy.
The central bank’s outreach to companies has taken on new significance as the outlook for growth and inflation gets cloudier.
Goldman Sachs expects more interest rate cuts from the U.S. Federal Reserve and the European Central Bank and lowered its economic growth outlook for both these regions, as it sees heightened recession risks due to U.
President Trump is pushing an aggressive policy against America's main trading partners that economists broadly agree will drive up inflation.
To think about what the Federal Reserve aims to do whereby it would price control the most important price in the world other than the dollar is to know that the Fed controls nothing. Evidence that it controls nothing can be found in the happy truth that the U.
The central bank penciled in two rate cuts for 2025, but President Trump’s sweeping agenda has injected “remarkably high” uncertainty into the outlook.
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The Associated Press on MSN12d
The Federal Reserve sees tariffs raising inflation this year and keeps key rate unchangedThe Federal Reserve kept its benchmark interest rate unchanged Wednesday and signaled that it still expects to cut rates twice this year.
President Donald Trump's permanent 25% tariff on imported autos has expanded the global trade war, feeding expectations for higher prices for cars and other products, but doing little to settle the debate about how policies of his two-month-old administration will affect the U.
While the Fed does not set mortgage rates, its decision has a direct impact on them. As of March 13, the latest data made available by Freddie Mac, the 30-year fixed-rate mortgage was 6.65 percent, down 0.09 from a year earlier.