PCE Inflation Stayed Subdued in April Amid Trump’s Tariff Limbo The Federal Reserve has put interest rate cuts on hold until it has more clarity about President Trump’s policies.The Federal Reserve’s preferred inf […]

Trump Meets With Powell After Months of Disparaging the Fed Jerome H. Powell stressed in his first meeting since the president returned to the White House that policy decisions would be “based solely on careful, o […]

Fed ‘Well Positioned’ to Wait on Rate Cuts Even as Economic Risks Rise, Minutes Show Officials at the Federal Reserve have adopted a wait-and-see approach to policy moves amid extreme uncertainty about the economic outlook.Ahead of the […]

Federal Reserve Plans to Cut 10% of Its Staff In an internal memo to staff on Friday, Jerome H. Powell, the chair of the central bank, said the institution would offer a voluntary deferred resignation […]

U.S. Inflation Mild Ahead of Expected Jump From Tariffs Economists and policymakers are bracing for inflation to re-accelerate as companies adapt to President Trump’s trade war.U.S. inflation cooled slightly i […]

Fed Official Still Bracing for Economic Slowdown Despite China Tariff Pause Austan D. Goolsbee, president of the Chicago Fed, said there was still a risk of higher consumer prices and slower growth amid elevated uncertainty about […]

The Fed Could Be on Hold Until September, Economists Say Economists have shifted back their forecasts for lower borrowing costs as President Trump’s tariffs raised the risk of higher inflation and slower g […]

What to know about the Fed’s decision. The Federal Reserve left interest rates unchanged for a third meeting in a row on Wednesday, as officials stuck to a wait-and-see approach amid heightened […]

The Fed’s wait-and-see approach keeps tensions simmering with Trump. The Federal Reserve is expected to keep its key rate steady on Wednesday, after a series of cuts that lowered rates by a full percentage point last […]

What to Watch at the Federal Reserve’s May Meeting The U.S. central bank is widely expected to stick to a wait-and-see approach as officials brace for President Trump’s tariffs to stoke higher inflation a […]

The Fed Isn’t Likely to Cut Rates Proactively Despite Economic Concerns. Here’s Why. The U.S. central bank is set to reinforce its wait-and-see approach at its meeting this week as President Trump’s tariffs begin to bite.Less than a year a […]

Solid Jobs Report Reinforces Fed’s Patient Approach to Interest Rate Cuts The central bank is bracing for President Trump’s tariffs to dent growth while stoking inflation, keeping interest rate cuts at bay for now.A solid labor m […]

U.S. Dollar Falls. The Euro Could Step Up as Reserve Currency Confidence in the world’s reserve currency is in doubt, leaving an opening for alternatives like the euro. But it won’t be easy.The U.S. dollar has fal […]

Dollar Doubts Dominate Gathering of Global Economic Leaders On the sidelines of the spring meetings of the International Monetary Fund and World Bank this week, Treasury Secretary Scott Bessent tried to convey an […]

Can Trump Fire Powell? He Says He Won’t, But His Fed Battle May Not Be Over. In his first term, President Trump toyed with ousting Jerome H. Powell out of anger that the Federal Reserve chair was moving too slowly to cut interest […]

Trump Says He Won’t Fire Powell. His Fed Battle May Not Be Over Yet. The president said he has “no intention” of ousting Jerome H. Powell, the Fed chair, but the administration’s willingness to challenge norms regarding the c […]

Trump Says Fed Chair Jerome Powell’s ‘Termination Cannot Come Fast Enough’ President Trump lashed out at Jerome H. Powell, the chair of the Federal Reserve, on Thursday, saying “Powell’s termination cannot come fast eno […]

Fed Chair Lays Out Game Plan in Case of High Inflation and Slower Growth Jerome H. Powell warned that Trump’s tariffs could lead to a “challenging scenario” for the central bank.As President Trump’s trade policy has started […]

The Dollar Keeps Falling as ‘Safe Haven’ Status Is Questioned President Trump’s tariff blitz has rattled investors and shaken their faith in one of the most reliable and ubiquitous assets in the world economy.The U […]

Fed Under Pressure as Inflation Expectations Rise Federal Reserve officials have had one clear message since President Trump sharply escalated the global trade war this month. Keeping inflation expectations […]