Fed officials acknowledged that economic uncertainty had increased, raising their inflation forecast and lowering projections ...
U.S. Federal Reserve Chair Jerome Powell said on Wednesday that President Donald Trump's tariff increases would delay ...
Fed officials increased their forecast of inflation for 2025, putting it further from the bank’s target of 2%. The median ...
Keeping inflation expectations under control is arguably a central bank's most important job. But it is also one of the most ...
Inflation, as measured by the personal consumption expenditures price index, will reach 2.7% this year, up from 2.5% ...
Fed policymakers said risks had increased, with a near unanimous sentiment in saying the outlook for the year was muddled.
In its latest quarterly economic projections, the Fed lowered its growth outlook for 2024 and 2025, forecasting a slower ...
The Federal Reserve kept its benchmark interest rate unchanged Wednesday and signaled that it still expects to cut rates ...
Fed officials see inflation moving up this year more rapidly than previously expected, but they also expect the trend to be ...