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.
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?
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?
Fed Chair Jerome Powell announced that the central bank will maintain interest rates amid rising inflation concerns linked to tariffs. This decision could impact borrowing costs and consumer spending in the coming months.
In a surprising move, the Federal Reserve maintains steady interest rates while hinting at potential cuts later this year. With inflation concerns, economic growth predictions are revised downward, and President Trump calls for action.
The Federal Reserve is set to keep interest rates unchanged as it navigates a cooling economy, rising oil prices, and uncertainty from Trump’s trade policies. With inflation concerns mounting, what’s next for U.S. monetary policy?
U.S. President Trump's unexpected tariffs could spark stagflation, warns Fed Chair Powell. With inflation rising and economic growth slowing, the market braces for potential turmoil. Learn how this impacts the economy and stock market.
The Federal Reserve has decided to keep interest rates unchanged, despite growing concerns over stagflation and economic uncertainty. This decision comes amid increasing risks related to tariffs and market volatility.
Global markets rallied after China indicated a willingness to discuss U.S. tariffs with President Trump's administration. Major indices reported gains, boosting investor optimism amidst economic uncertainties.