Fed meeting live updates: Rate cuts paused as inflation, Trump's plans create uncertainty
The Federal Reserve kept its key interest rate unchanged as officials grappled with uncertainty caused by inflation and President Trump's plans.
Fed Likely to Hold Rates Steady Despite Trump Call for Cuts as It Awaits Tariff, Immigration Changes
President Donald Trump may want lower interest rates, but the Federal Reserve will almost certainly keep its benchmark interest rate unchanged at its two-day policy meeting that ends Wednesday
Mortgage rates are stuck at 7% as Fed holds steady on interest rates
Mortgage rates are largely stuck at 7% for the time being. The Federal Reserve on Wednesday announced that it was holding its benchmark interest rate steady. The 30-year mortgage rate barely budged following the Fed’s announcement,
Inflation rose to 5-month high in December. What that means for Fed rate cuts.
Annual inflation ticked up for a third straight month in December as food, energy costs rose, CPI report showed. But underlying price measure eased.
U.S. Federal Reserve Holds Interest Rates Steady as Inflation Concerns Return
As was widely expected, the U.S. Federal Reserve held interest rates at current levels following the conclusion of its latest policy meeting.
Fed holds interest rates steady despite Trump's calls for a cut
Federal Reserve officials held interest rates steady after their latest policy meeting, the first to take place during the second Trump administration.
Fed's Powell said PCE inflation rose 2.6% in 12 months ended in December
Fed Chairman Jerome Powell said the PCE inflation report in December is expected to show prices rose 2.6% in the past 12 months, or a somewhat higher 2.8% based on the core rate that omits food and ...
Inflation rises 2.9% in December, in line with expectations
The Labor Department released the inflation report for December, which showed prices were up 2.9% from a year ago, in line with economists expectations and up from 2.7% in November.
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December Inflation Data Closes Door on January Rate Cut, but There’s Improvement Under the Hood
The December Consumer Price Index report showed that overall inflation rose last month, driven largely by a spike in energy prices. But under the hood, a moderation in core inflation offers some ...
Inflation has gone up for the third straight month, but switching bank accounts could help protect your funds
Knowing when to switch bank accounts can be stressful, especially as inflation rises. Find out how to know it's time to ...
Inflation Sped Up in December, a Fresh Challenge for the Fed
The Consumer Price Index rose 2.9 percent from a year earlier, but a measure of underlying inflation was more encouraging.
Fed hold rates steady, says job market is ‘solid’ while inflation ‘remains somewhat elevated’
It's a sign of a more cautious approach as the Federal Reserve seeks to gauge where inflation is headed and what policies ...
Here’s What To Expect From January’s CPI Inflation Figures
The Consumer Price Index report for January is expected to show broadly unchanged annual inflation according to nowcasts. That may be broadly good news for the Fed.
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Federal Reserve decides not to change interest rates despite pressure from Trump
The Federal Reserve expressed concern that inflation has not eased enough for it to continue lowering interest rates.
Nigerian inflation rises for fourth straight month in December
Nigeria's inflation rate rose for the fourth straight month in December, advancing to 34.80% in annual terms from 34.60% in ...
Japan December Inflation Backs Case for Central Bank Rate Increase
Japan’s consumer price growth picked up in December, adding to evidence of steady inflation just hours before the central ...
Iowans have lost an estimated $34,000 to inflation since 2020.
How much has rising inflation since 2020 cost you? While Iowans need to spend more to maintain their standard of living, ...