which kicked off a period of three consecutive rate cuts. The Fed’s March decision comes in the wake of some slowness in the economy, headline inflation that has picked up in recent months and uncertainty about how the policies of newly elected President Trump,such as on-again, off-again ...
Trump 2nd term live updates: Fed employees sent 2nd 'What did you do last week' email The email also states that this will now be a recurring weekly requirement. 13:43 Trump, Vance blast Zelenskyy, call him 'disrespectful' at White HousePresident Donald Trump told Ukrainian President...
long-term bond yields is puzzling, said Minneapolis Federal Reserve President Neel Kashkari on Tuesday. “The 10-year Treasury yield has gone up quite a bit. It’s a little bit perplexing what is driving them to go up as much as they have in recent months,” K...
President of the Federal Reserve Bank of San Francisco, Mary Daly, said late Sunday that rising uncertainty among businesses could dampen demand in the US economy but does not justify a change in interest rates. Fed's Kugler: It is possible that we'll see more persistent inflation due to po...
Jeff ReevesFeb. 25, 2025 7 Best High Dividend ETFs to Buy These seven high-quality ETFs provide current income and offer the opportunity for growth over time. Glenn FydenkevezFeb. 24, 2025 Loading... Create an Account Create a free account to save articles, sign up for newsletters and mo...
The Trump administration’s new policies are causing significant economic volatility in the U.S., making it difficult for the central bank to assess the situation clearly enough to adjust interest rates before late spring or summer, Atlanta Fed Bank President Raphael Bostic said in a speech. He...
It’s been a tale of two financial markets since President Donald Trump’s inauguration. On the one hand, theprospect of lower taxesand looser regulations have put a pep in investors’ steps, with the S&P 500 up more than 5 percent since the beginning of November. On ...
The survey credited a range of factors, from vaccinations to the payments of up to $1,400 for individuals from the $1.9 trillion relief package that President Joe Biden pushed through Congress last month. The survey, known as the beige book, will form the basis for discussions when ...
While Trump has previously said he wouldn’t fire Powell, he has said he would not nominate him again after his term ends in 2026. Still, close advisers to the newly elected president have said the Fed chair should step aside, Politico reported. Jerome Powell says he wouldn't leave...
The latest FOMC meeting came shortly after the 2024 US presidential election, in which former President Donald Trump -- the Republican candidate -- won by landslide on issues including inflation, immigration and Middle East confli...