The Federal Reserve is widely expected to hold its key interest rate steady on Wednesday as officials wait for more data that indicates inflation is cooling.
Many economists have felt relief over continued GDP growth. But ongoing data releases suggest that the foundation of the ...
President Donald Trump on Thursday said he would press the Federal Reserve to lower interest rates “immediately,” rekindling a fight over the historically independent U.S. central bank.
Initial jobless claims have remained roughly static ... and certificates of deposit (CDs). When the Federal Reserve cuts the fed funds rate, bank rates tend to fall as well.
Andrew Caballero-Reynolds/AFP via Getty Images Investors have scaled back their expectations for Fed funds rate cuts in 2025, and an increasing number believe the central bank won't cut rates at ...