US GDP grew by 2.3% on an annualised basis in the final quarter, according to the Bureau of Economic Analysis. This was slower than the 2.6% annualised growth expected by economists polled by Reuters.
The Federal Reserve kicked off its second Trump era right where it left off: Doing exactly what it wanted to do, ignoring President Donald Trump’s demands that it lower rates.
Officials cut rates at their previous three meetings before taking a pause.
Economists say Trump’s second-term tariffs, if carried out as promised, could put even more downward pressure on the economy, because he’s framed them as across-the-board, rather than targeted to ...
Policymakers left their benchmark rate unchanged amid signs that the economy is humming along, defying the president’s ...
The central bank’s decision to pause at its first meeting of 2025 followed a series of cuts that began in September to ...
Powell said the Fed is working to align its workforce policies with Trump but signaled that changes could be limited.
Follow live coverage of the January FOMC meeting, interest-rate announcement, and Fed chairman Jerome Powell's press ...
The Federal Reserve kicked off the year in neutral, opting to keep interest rates unchanged at the conclusion of its policy ...
After three cuts at the end of last year, Federal Reserve officials paused rate moves as they weigh a solid economy and ...
Welcome to Investopedia's live blog of the Federal Reserve's January meeting. Here, we will bring you the latest news on the ...
If virtually every indication so far is accurate, the new leader of the free world is unlikely to get what he wants, at least ...