Fed hold rates steady, sees inflation as 'elevated,' as Powell declines comment on Trump
The Federal Reserve left its benchmark interest rate unchanged Wednesday after cutting it three times in a row last year, a sign of a more cautious approach as the Fed seeks to gauge where inflation is headed and what policies President Donald Trump may pursue.
Federal Reserve holds interest rates steady as inflation remains above 2%
The Federal Reserve opted to leave its benchmark interest rate unchanged in its first policy meeting since President Trump's inauguration.
Fed pauses interest rate cuts as inflation, Trump's plans create uncertainty
The Federal Reserve kept its key interest rate unchanged as officials grappled with uncertainty caused by inflation and President Trump's plans.
The Federal Reserve ignored Trump’s interest rate demands — and he’s not taking it well
The Federal Reserve kicked off its second Trump era right where it left off: Doing exactly what it wanted to do, ignoring President Donald Trump’s demands that it lower rates.
Trump: Fed failed to beat inflation, 'I will do it'
The president’s post suggests that he intends to continue his criticism of Fed Chair Jerome Powell on social media, which became a regular feature during his first term.
Transcript: The Fed ignores Trump’s calls to cut rates
This is an audio transcript of the FT News Briefing podcast episode: ‘The Fed ignores Trump’s calls to cut rates’ Sonja Hutson Good morning from the Financial Times. Today is Thursday, January 30th. And this is your FT News Briefing.
Federal Reserve keeps interest rates unchanged, defies Trump
The Federal Reserve on Wednesday kept interest rates unchanged, bypassing a trend of dropping cuts and bucking President Donald Trump's wishes amid uncertain economic times,
Trump slams Fed after decision to hold interest rates steady
Federal Reserve officials held interest rates steady after their latest policy meeting, drawing sharp criticism from President Donald Trump.
The Trump economy: inflation versus isolationism
Economists now, on average, predict inflation will be 2.6 per cent this year, up from 2.2 per cent before the election, ...
Fed hold rates steady, says job market is 'solid' while inflation 'remains somewhat elevated'
Fed Chair Jerome Powell has said it is harder to gauge where inflation is headed, in part because of increased uncertainty around what policies Trump will adopt.
Quest Diagnostics EPS Tops Predictions
Looking ahead to 2025, Quest Diagnostics projects revenue in the range of $10.70 billion to $10.85 billion, indicating ...
ECB delivers quarter-point cut and little change in tone
ECB cuts the deposit rate by a quarter point to 2.75 per cent as expected and offers little shift in tone from December as it continues to move policy away from restrictive territory ...