News

Fed still foresees 2 rate cuts in ’25
Federal Reserve officials expect inflation to worsen in the coming months but they still foresee two interest rate cuts by ...
Fed saw inflation, jobless, stability risks at May meeting, minutes show
U.S. Federal Reserve officials at their last meeting acknowledged they could face "difficult tradeoffs" in coming months in the form of rising inflation alongside rising unemployment, an outlook ...
The Fed is set to make its next rate decision on Wednesday. Here's what to expect.
The Federal Open Market Committee — the 12-member group that sets rate decisions — will meet on June 17-18. The FOMC's ...
Boston Herald22d
Fed minutes: Uncertainty ‘elevated’ as risks of higher inflation and unemployment rise
Federal Reserve staff economists said during the meeting that inflation “remained elevated,” the minutes showed. Trump’s tariffs have created a dilemma for the Fed because the duties could ...
Fed sees its preferred inflation gauge topping 3% this year, higher than previous forecast
FOMC officials expect the core personal consumption expenditures price index, which excludes food and energy, to increase at ...
The US economy is in a good place, but the Federal Reserve is not
The U.S. economy is mostly in good shape but that isn’t saving Federal Reserve chair Jerome Powell from a spell of angst.
Gold holds steady as Fed minutes flag inflation, recession risks
Gold prices steadied on Wednesday as investors assessed the U.S. Federal Reserve's May meeting minutes, which flagged rising inflation and recession risks, reinforcing gold's appeal as a safe-haven ...