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(Bloomberg) -- Federal Reserve Bank of New York President John Williams said he expects ... without an economic downturn. Fed officials have signaled interest rates likely need to stay elevated ...
But another very useful piece of information will be released Wednesday: the Fed's "dot plot" forecast for where it sees interest rates headed in the coming year. We only get this behind-the ...
But the Fed’s current “dot” map signals only ... But until then, Goolsbee insists the Federal Reserve won’t budge on interest rates. John Williams, Federal Reserve Bank of New York ...
A dove is more focused on risks to the labor market and may want to cut rates more ... mainstream inside the Fed. As vice chair of the Fed’s policy-setting committee, Williams plays a key ...
If you’re hoping a first-quarter contraction of the nation’s economy will spur the Federal ... sentiment also fell dramatically when the Fed hiked interest rates sharply in 2022 and 2023.
Interest rates affect how much it costs to borrow money, including how much you pay in interest for credit card debt. While the Fed's decision may not change your credit card interest rate anytime ...
During the Nixon administration, Zandi noted, then-Fed Chair Arthur Burns agreed to President Richard Nixon’s request not to raise interest rates in the lead-up to the 1972 presidential election ...
In fact, economists say, Trump's ongoing attacks on Fed Chair Jerome Powell and his tariff policies could keep the longer-term interest rates that matter for consumers and businesses higher than ...
The next Fed meeting to discuss interest rates isn't until May. Trump looks forward to Powell's "termination" after Fed chairman warns of inflation as price changes occur due to tariffs.
President Donald Trump’s on-again, off-again tariffs have been roiling markets and raising recession fears. But Federal Reserve Chair Jerome Powell on Wednesday stuck to his slow and steady ...