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Goldman Sachs and JPMorgan economists said this weekend their baseline forecast under Trump's tariffs is for a recession.
The Fed is in a tricky spot. To combat inflation ... With Wednesday's announcement, the likelihood of a 50 basis point cut by December 2025 is now 34%, according to the CME FedWatch Tool, a real-time ...
That decision leaves the benchmark federal funds rate parked at a range of 4.25% to 4.5%, where it has sat since December. The Fed has now stood on the economy’s sidelines for two consecutive ...
U-M forecasters expect the next Fed rate cut to take place at the Fed's June 17 and June 18 meeting. The Federal Reserve was set to meet shortly after St. Patrick's Day and consumers, according to ...
U.S. economy added 228,000 jobs in March; unemployment rate rises to 4.2% By ... Dollar continues to rebound after Fed meeting; sterling slips By Investing.com - Mar 21, 2025 2 Investing.com ...
Don’t expect the Federal Reserve to provide it. With the Fed expected to hold its key interest rate steady at the end of a two-day meeting Wednesday, the drama will center on the number of rate ...
The U.S. federal government is facing mass layoffs in 2025, driven by DOGE and impacting multiple agencies. Check back daily ...
Borrowing costs on 15-year fixed-rate mortgages, popular with homeowners refinancing their home loans, also fell this week, ...
Powell's focus on inflation suggests that the Fed will likely keep its benchmark interest rate unchanged at about 4.3% in the coming months. That is likely to disappoint Wall Street investors ...
But that hasn't been the reality as the bank paused additional cuts when it met in January largely then due to a steadily increasing inflation rate. And the Fed didn't meet at all in February.
Should the president hold fast to his tougher-than-expected trade policy, there’s a material risk of at least near-term costs ...