Expectations for Fed rate cuts are fading
Hot inflation data for January was adding to concerns about how much more room the Federal Reserve might have to cut interest ...
Dow Jones Analysis: Inflation Impact And Market Recovery
Uncertainty remains in the markets regarding how tariffs will impact global growth and inflation. The Dow Jones fell around ...
Trump's comments won't affect interest rate decisions by the Fed, Powell says
Federal Reserve Chair Jerome Powell said Wednesday President Donald Trump’s calls for lower interest rates won’t lead the central bank to change its rate decisions ...
Hopes for more Fed rate cuts dim as Powell notes hot CPI means ‘we're not quite there yet'
A Fed interest rate cut won’t be coming until at least September, if at all this year, following a troubling inflation report ...
Refinance Rates Continue Wavering, Keeping Close to Pre-Christmas Lows
Although improved from a mid-January peak of 7.30%, 30-year refinance rates are still somewhat elevated after plunging in ...
Federal Reserve Chair Jerome Powell returns to Congress following January inflation spike
The change was slightly above analysts' expectations and is likely to bolster reluctance at the Fed to cut interest rates any further.
Fed’s Policy Review Will Focus on Lessons from Post-Pandemic Economy
Rep. Frank Lucas, a Republican from Oklahoma, asked Powell about the issues that the Fed will be examining during its ...
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Dollar Jumps as a Hot US CPI Report Signals a Longer Fed Pause
The dollar index (DXY00) today is up by +0.38% at a 1-week high. The dollar jumped today after US Jan CPI unexpectedly ...
Rep. Waters Urges Powell to Maintain Fed Independence
House Financial Services Committee Ranking Member Rep. Maxine Waters, a Democrat from California, urged Federal Reserve Chair ...
Trump calls on Fed to lower interest rates amid rising prices. Here's what he said just a week ago.
President Trump called on the Federal Reserve to lower interest rates in a post on his Truth Social platform Wednesday, following the hotter-than-expected inflation report. "Interest rates should be ...