Fed officials are now expecting the unemployment rate to end this year at 4.4 per cent, higher than the current 4.2 per cent, and remaining there through 2025.

Traders widely expect the Fed’s Federal Open Market Committee to defy Trump and once again keep rates unchanged this Wednesday, as they have for every other meeting so far in 2025. The market ...

President Donald Trump may see lower Federal Reserve interest rates as a fix for two politically potent problems, the cost of servicing $36 trillion in government debt and the high cost of home ...

Treasury Secretary Scott Bessent is taking aim at the Federal Reserve and the rules the Fed enforces as a supervisor of big banks. But he doesn't think Fed Chair Jerome Powell should step down ...

WASHINGTON: US President Donald Trump said on Thursday (Jul 24) he would not fire Federal Reserve Chair Jerome Powell, though he told reporters following a visit to the US central bank's ...

Fed Chair Jerome Powell was careful to keep his options open on monetary policy. "We have made no decisions about September" and have time to take in a wide range of data before the central bank ...

A top official at the Federal Reserve on Thursday reiterated his call for an interest rate cut later this month, despite data showing ongoing resilience in the US economy and other central bankers ...

Federal Reserve Governor Christopher Waller hinted he would dissent if his colleagues vote to hold interest rates steady at their July meeting, making his case for a rate cut to support the labor ...

For the moment, our central forecast still sees the Fed remaining on hold throughout 2025. For 2026, we have changed our base case to feature one additional rate cut in the first half, which would ...

NEW YORK, July 30 (Reuters) - U.S. Federal Reserve Chair Jerome Powell on Wednesday said there is no place for the central bank to consider government financing needs when setting interest rate ...

The Federal Reserve held interest rates steady on Wednesday, just days after President Donald Trump made an unusual visit to the central bank, calling for a rate cut. Speaking at a press ...