News

Federal Reserve to cut its workforce by 10% in coming years
The Federal Reserve is planning to reduce its workforce by 10% over the next few years, according to a memo by Fed Chair ...
Fed's Barr says economy on solid footing, trade dispute clouds outlook
The U.S. economy is on solid footing with inflation heading to the central bank's 2% target, but trade policies have clouded ...
Fed keeps interest rates steady amid concerns on tariffs’ economic risks
The Fed is expected to leave interest rates unchanged Wednesday, choosing caution as President Trump’s trade upheaval rattles ...
Fed stands pat on interest rates and warns of economic woes on the horizon
The Federal Reserve on Wednesday remained in a holding pattern on interest rates, while warning about more uncertainty in the ...
Fed's Jefferson: Expect economy to slow, future inflation uncertain due to tariffs
Recent inflation data point to continued progress toward meeting the U.S. Federal Reserve's 2% inflation goal, but the ...
Economic Concerns Are Mounting, but the Fed Isn’t Cutting Rates Proactively
The U.S. central bank is set to reinforce its wait-and-see approach at its meeting this week as President Trump’s tariffs ...
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Key takeaways from the Fed’s latest decision to hold rates steady as it warns of stagflation
The Federal Reserve said Wednesday it will hold interest rates steady as the US economy begins to show the effects of President Donald Trump’s haphazard trade war. The central bank kept its ...
Federal Reserve official sees signs of slowing economy but not ready to cut rates
A top Federal Reserve official said Friday that massive uncertainty created by President Donald Trump’s tariffs has caused ...
Wobbling economy will push the Fed to cut interest rates later this year, CNBC survey finds
A 63% majority of respondents to the CNBC Fed Survey believe across-the-board 10% tariffs will likely remain on all U.S.
US Bonds Rally as Economic Data Backs Bets on Two 2025 Fed Cuts
Treasuries gained as a fresh spate of economic data offered signs of ebbing economic activity and dimming inflation, supporting bets that the Federal Reserve will cut interest rates twice this year.
Former Fed Chair Bernanke Argues for More Transparency at the Central Bank
The Federal Reserve should do more to show the public how it is thinking about the economy, former Fed Chair Ben Bernanke ...