Borrowers hoping for more financial relief from the Federal Reserve may have a wait on their hands, as the central bank is hit the pause button on additional rate cuts at its Jan. 29 meeting.
Trump repeatedly badgered Powell to cut rates during his first term, though it didn’t appear to affect Fed moves. The Fed raises interest rates or keeps them higher for longer to lower ...
Two senior Federal Reserve officials said Monday that they are in no rush to cut interest rates further given the uncertainty surrounding the U.S. economic outlook and the White House's new ...
As a result, the Fed recently reduced its forecast for interest rate cuts in 2025 ... The three cutting cycles in the above chart were triggered by significant economic shocks: the bursting ...
In fact, the CME FedWatch Tool reflected the likelihood that the Fed would leave interest rates unchanged at 99.5% immediately ahead of the decision. The odds of a rate cut were effectively ...
Gold reached fresh record levels, while silver hit resistance at the $32.50 zone, with the US dollar remaining volatile due ...
The hearing before the Senate Banking Committee was relatively quiet absent a few back-and-forths on the economic effects of ...