The central bank needs to see further progress on inflation or weakness in the labor market to resume interest rate cuts.
Trump said Powell and the Fed "failed to stop the problem they created with inflation" in a post on Truth Social on Wednesday ...
US President Donald Trump is getting his wish that interest rates drop across the world, just not at home, where a strong economy and uncertainty over his own policies have set the stage for the ...
A once-dominant BlackRock Inc. bond ETF is at risk of losing its crown as the biggest inflation-hedging product of its kind, after schooling investors about the dangers of safety trades laden with ...
Indeed, Greg McBride, chief financial analyst at Bankrate, tells us that with this move, and future risk that the Fed resumes cutting rates if inflation pressures ease, there’s no benefit to waiting ...