News

Higher inflation, slower economic growth: What the Fed expects in the months ahead
The Federal Reserve kept its forecast for two rate cuts this year amid Trump's tariffs, which are expected to push up ...
Federal Reserve keeps interest rate unchanged in June meeting, sees two rate cuts this year
Meeting: The U.S. Federal Reserve has kept the federal funds effective rate unchanged at the 4.25-4.5 percent mark, unchanged ...
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Fed minutes: Uncertainty ‘elevated’ as risks of higher inflation and unemployment rise
Federal Reserve staff economists said during the meeting that inflation “remained elevated,” the minutes showed. Trump’s tariffs have created a dilemma for the Fed because the duties could ...
Fed sees its preferred inflation gauge topping 3% this year, higher than previous forecast
FOMC officials expect the core personal consumption expenditures price index, which excludes food and energy, to increase at ...
The US economy is in a good place, but the Federal Reserve is not
The U.S. economy is mostly in good shape but that isn’t saving Federal Reserve chair Jerome Powell from a spell of angst.
Gold holds steady as Fed minutes flag inflation, recession risks
Gold prices steadied on Wednesday as investors assessed the U.S. Federal Reserve's May meeting minutes, which flagged rising inflation and recession risks, reinforcing gold's appeal as a safe-haven ...