Fed Ups Inflation Forecast And Expects Less Economic Growth, Citing ‘Uncertainty’
The Federal Reserve's quarterly dot plot also revealed how the central bankers expect the U.S. economy to perform this year.
Citing Tariffs and Uncertainty, Fed Sees Higher Inflation and Lower Growth
Jerome Powell, the Fed chair, said that “further progress may be delayed” on inflation because of tariffs. Officials kept ...
Tariffs to delay inflation progress, too soon to gauge impact, Fed's Powell says
U.S. Federal Reserve Chair Jerome Powell said on Wednesday that President Donald Trump's tariff increases would delay ...
Fed decision recap: Powell says tariffs could delay progress on lowering inflation
"Looking ahead, the new administration is in the process of implementing significant policy changes in four distinct areas: ...
Fed Raises Forecast of Inflation for 2025
Fed officials increased their forecast of inflation for 2025, putting it further from the bank’s target of 2%. The median ...
Muddled inflation expectations no help for Fed: McGeever
Keeping inflation expectations under control is arguably a central bank's most important job. But it is also one of the most ...
Fed Sharply Reduces 2025 Growth Projection, Marks Up Inflation
In its latest quarterly economic projections, the Fed lowered its growth outlook for 2024 and 2025, forecasting a slower ...
Stock futures slump after comments from Chicago Fed's Goolsbee
U.S. stock futures moved dramatically lower shortly before the opening bell on Friday following comments from the Chicago Federal Reserve Bank President Austan Goolsbee. Goolsbee, who has previously ...
South African rand weakens ahead of local inflation data, Fed decision
The South African rand softened early on Wednesday ahead of the release of local inflation figures and an interest rate ...