As Fed Holds Rates Steady, Powell Says Next Step Is ‘Not at All Clear’
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As Fed Holds Rates Steady, Powell Says Next Step Is ‘Not at All Clear’

ByNews Polite

#news #newstoday #topnews #newsupdates #trendingnews #topstories #headlines The Federal Reserve left interest rates unchanged on Wednesday for a third meeting in a row, as officials pointed to heightened uncertainty about how significantly President Trump’s tariffs will raise inflation and slow growth. The unanimous decision to stand pat will keep interest…

Solid Jobs Report Reinforces Fed’s Patient Approach to Interest Rate Cuts
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Solid Jobs Report Reinforces Fed’s Patient Approach to Interest Rate Cuts

ByNews Polite

#news #newstoday #topnews #newsupdates #trendingnews #topstories #headlines A solid labor market has for months given the Federal Reserve comfort that it could hold off on interest rate cuts until it had more clarity about how President Trump’s policies would impact the economy. New data released on Friday reinforced that patient…

Fed in No Hurry to Adjust Rates Amid Trump Policy Uncertainty
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Fed in No Hurry to Adjust Rates Amid Trump Policy Uncertainty

ByNews Polite

#news #newstoday #topnews #newsupdates #trendingnews #topstories #headlines Jerome H. Powell, chair of the Federal Reserve, said the central bank is focused on the “net effect” of President Trump’s sweeping economic agenda amid high uncertainty about which policies will actually be enacted, as he reiterated that officials are still not in…

Inflation Stayed Sticky in January, Keeping Fed Rate Cuts at Bay
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Inflation Stayed Sticky in January, Keeping Fed Rate Cuts at Bay

ByNews Polite

#news #newstoday #topnews #newsupdates #trendingnews #topstories #headlines U.S. inflation rose to 3 percent in January, strengthening the case for the Federal Reserve to extend a pause on interest rate cuts. The Consumer Price Index unexpectedly ticked higher from a year earlier, data from the Bureau of Labor Statistics showed on…

Job Market Gives Fed Cover to Extend Interest Rate Pause
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Job Market Gives Fed Cover to Extend Interest Rate Pause

ByNews Polite

#news #newstoday #topnews #newsupdates #trendingnews #topstories #headlines Less than six months ago, Federal Reserve officials were wringing their hands about the state of the labor market. No major cracks had emerged, but monthly jobs growth had slowed and the unemployment rate was steadily ticking higher. In a bid to preserve…

What to Watch at the Federal Reserve’s First Meeting of 2025
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What to Watch at the Federal Reserve’s First Meeting of 2025

ByNews Polite

#news #newstoday #topnews #newsupdates #trendingnews #topstories #headlines The Federal Reserve is set to stand pat at its first gathering of 2025, pressing pause on interest rate cuts as policymakers take stock of how the world’s largest economy is faring. After lowering interest rates by a full percentage point last year…

Rate-Cut Decision Was Narrow, Fed Minutes Show
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Rate-Cut Decision Was Narrow, Fed Minutes Show

ByNews Polite

#news #newstoday #topnews #newsupdates #trendingnews #topstories #headlines Federal Reserve officials cut interest rates as expected last month. But minutes from their December meeting suggest that the decision was a close call — and that there is no guarantee policymakers will lower rates again anytime soon. The minutes of the central…