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The central bank remains cautious, even as calls for rate cuts grow louder from the White House and other policymakers.
Federal Reserve Chair Jay Powell has reiterated that rate decisions will be data-driven — by inflation, and employment.
The Fed prioritizes shrinking its balance sheet over rate cuts to fight inflation. See why its disciplined approach supports growth, jobs, and long-term stability.
Federal Reserve Chair Jerome Powell says cutting interest rates could push inflation even higher. President Trump called for Powell to resign in response.
The minutes reveal more closely the behind closed doors thinking between the U.S.’ top policymakers with the Fed under barrage from the White House.
The Fed is likely to stick to its "wait-and-see" mantra at Wednesday's policy meeting, setting it on a collision course with Presiden Donald Trump.
Investors will focus on U.S. inflation data for June as they look to judge whether the Federal Reserve is likely to cut ...
Austan Goolsbee doesn't think that stagflation is possible in the near term, despite rising geopolitical conflicts and ...
Steady job growth and slightly elevated inflation rates indicate that the Fed will avoid rate cuts for now despite Trump’s ...
The Federal Reserve held its key interest rate steady Wednesday, keeping downward pressure on inflation out of concern that President Donald Trump's tariffs could push up prices.
Federal Reserve Chief Jerome Powell said it is premature to lower interest rates, citing the potential impact of tariffs.
Recession worries are building once again, as some consumers fear the prospects of higher prices and continued high interest rates this summer.
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