Trump’s Trade War Raises Bar for Fed Rate Cuts
Tariffs set to take effect this week risk stoking even higher inflation and slower growth than expected, complicating the ...
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Federal Reserve to announce rate cut and liquidity injection at meeting later today
The Federal Reserve is now under growing pressure to cut interest rates and pump cash into the financial system at its next ...
Tariffs will likely push inflation higher, Fed Chair Jerome Powell warns, rebuffing Trump’s bid to cut rates
His remarks come amid growing unease in financial markets as the impact of Trump’s latest round of tariffs on key trade ...
Fed's Powell addresses Trump's tariffs, says officials' job is to contain inflation
Fed's Powell said the economy is in "good place," and officials must keep inflation controlled. His remarks suggest the ...
Tariffs Will Increase Inflation, Jerome Powell Warns—As Trump Pressures Fed To Cut Rates
Federal Reserve Chair Jerome Powell said Trump tariffs are likely to raise inflation and slow economic growth.
2025 Savings Rate Forecast: Will Rates Stay High?
In the last few years, consumers have enjoyed record-high annual percentage yields (APYs) on their savings accounts, thanks ...
Federal Reserve Chief Says Trump Tariffs Likely to Raise Inflation and Slow U.S. Economic Growth
Powell said the tariffs and their impacts on the economy and inflation, are “significantly larger than expected.” ...
What Do Trump's Tariffs Mean For the Federal Reserve's Fight Against Inflation?
Key Takeaways Economists say President Donald Trump's Wednesday announcement of broad-based tariffs on trading partners ...
Federal Reserve will hold rates as Trump's tariffs stoke inflation concerns, says Collins
President Trump is pushing an aggressive policy against America's main trading partners that economists broadly agree will ...
Powell Says Trump’s Tariffs Raise Risks of Faster Inflation and Slower Growth
Jerome H. Powell, chair of the Federal Reserve, says the central bank’s “obligation” is to ensure that a “one-time increase ...
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Understanding the federal funds rate: What it is and how it affects your wallet
The Federal Reserve sets the federal funds target rate, also known as the fed funds rate, which is the interest rate at which commercial banks lend to each other overnight. Below, CNBC Select ...
Fed Chair Powell says he expects Trump's tariffs will hike inflation and slow growth
"While tariffs are highly likely to generate at least a temporary rise in inflation, it's also possible the effects will be ...