Minneapolis Fed chief Neel Kashkari still sees room for two rate cuts this yearmaybe kicking off around Septemberbut he's urging colleagues to stay nimble, since today's tariffs could fuel tomorrow's ...

U.S. Federal Reserve Chair Jerome Powell on Tuesday reiterated the U.S. central bank plans to "wait and learn more" about the impact of tariffs on inflation before lowering interest rates, again ...

Updated forecasts from the Fed’s Summary of Economic Projections (SEP) still show the median forecast of two rate cuts this year. But more officials than before see just one cut or none.

The Fed last week left interest rates unchanged, though policymakers signaled they remain on track for two rate cuts later this year.That decision came despite President Trump's continued campaign ...

The Fed's cuts last year lowered its rate to about 4.3%. Since then it has put reductions on pause out of concern that Trump's tariffs lead to inflation.

The president's attacks intensified at the end of last week as Trump called for rates to drop from 4.25% to 4.5% to between 1% and 2% and said of Powell and the Fed's board of governors: "I don't ...

The S&P 500 is closing in on a record high yet again as of this writing (June 20), so investors seem to be moving past the Fed's initial rate cuts and the more recent tariff turmoil.

Yet Powell also declined to rule out a possible rate cut at the Fed's upcoming July 29-30 meeting, prompting investors to slightly boost the possibility of a reduction at that session and shifting ...

The Fed’s cuts last year lowered its rate to about 4.3%. Since then it has put reductions on pause out of concern that Trump’s tariffs lead to inflation.