Federal Reserve Chair Jerome Powell warns that Trump's tariffs create uncertainty for the U.S. economy, influencing the Fed's decision on interest rates. Despite calls for faster cuts, Powell emphasizes caution amid inflation concerns.
Tensions rise as President Trump pushes for interest rate cuts, clashing with Fed Chair Jerome Powell's cautious stance. With inflation down but unemployment creeping up, the stakes for the economy are higher than ever.
Stock futures jumped after President Trump revealed a ceasefire timeline for Israel and Iran, boosting market confidence despite recent tensions. Traders are now looking ahead to Fed Chair Powell's testimony.
The U.S. housing market faces a significant slump, with May marking the slowest home sales since 2009. Despite a slight monthly increase, affordability issues persist, keeping buyers at bay amidst rising prices and high mortgage rates.
The Federal Reserve has decided to keep interest rates steady, citing inflation risks and the impact of trade wars. Discover how this affects your finances and what to expect in the coming months.
Stock futures are trending down as geopolitical tensions escalate between Iran and Israel. Investors are on edge with President Trump's potential decision on U.S. military involvement looming. How will this affect the market?
The Federal Reserve has maintained interest rates for the fourth consecutive meeting, projecting weaker growth and rising inflation this year. Despite this, they anticipate two rate cuts later in 2023 as they navigate economic uncertainty.
Fed Chair Jerome Powell signals that rising tariffs could lead to increased inflation, urging caution as the economy shows signs of potential stagflation. Will your wallet feel the pinch soon?
Oil prices experienced a decline as investors remain cautious following President Trump's ambiguous statements regarding U.S. involvement in the Israel-Iran conflict. With the Federal Reserve keeping interest rates steady, market analysts are watching closely for potential impacts on global oil supply.
Federal Reserve officials maintain current interest rates but adjust economic forecasts, predicting potential rate cuts and rising inflation and unemployment in the coming years. What does this mean for the economy?