News

Fed won't be rushed, outlook depends on White House, says Jerome Powell
The rate-setting panel voted unanimously to keep the benchmark federal funds rate in a range of 4.25 per cent to 4.5 per cent, where it's been since December ...
Federal Reserve leaves key rate unchanged as it sees risk of higher prices and higher unemployment
WASHINGTON (AP) — The Federal Reserve kept its key interest rate unchanged Wednesday, brushing off President Donald Trump’s ...
What to know about the Fed’s decision.
The Federal Reserve stuck to a wait-and-see approach as officials brace for President Trump’s tariffs to stoke higher ...
Erie News Now8h
The Fed holds interest rates steady again as it warns of stagflation risk
That strength is allowing the Fed to remain on hold, since the economy doesn’t seem to need any support through rate cuts at ...
International Monetary Fund9h
Steering through the Fog: The Art and Science of Monetary Policy in Emerging Markets
The economic effects of these developments are expected to be sizeable. Our World Economic Outlook ‘reference scenario’ ...
Fed holds interest rates steady, defying pressure from Trump
Despite pressure from the White House, Powell is widely expected to hold interest rates steady, according to the CME FedWatch ...
Did the Fed cut rates today? No, but here's when they might
Interest rates for credit cards to mortgages jumped since the Fed began fighting inflation in 2022. Here's where experts ...
Federal Reserve leaves key rate unchanged, flags a risk of higher prices and unemployment
It is unusual for the Fed to say that the risk of both higher prices and more unemployment have increased. But economists say ...
Federal Reserve holds key interest rate steady: Live updates
Despite pressure from President Donald Trump to slash interest rates, the Federal Reserve was expected to stick to its ...