The Federal Reserve is doing a difficult balancing act, trying to tamp down inflation while also lifting up the job market, ...
Rajeev Dhir is a writer with 10+ years of experience as a journalist with a background in broadcast, print, and digital newsrooms. Vikki Velasquez is a researcher and writer who has managed, ...
The Federal Reserve's understanding of the relationship between employment and inflation has shifted and determining when to raise interest rates will depend more on the trajectory of inflation than ...
In 2020, the Federal Reserve (the Fed) responded to an acute recession by cutting interest rates and launching large-scale asset purchases to support credit and stimulate demand. Then, inflation in ...
The Fed's dot plot shows two more interest rate cuts this year, with 25-basis-point cuts projected at the central bank's October and December policy meetings. That would leave the federal funds rate ...
The Federal Reserve left its benchmark interest rate unchanged at a target range of 4.25% to 4.50% on Wednesday, underscoring policymakers' cautious stance amid persistent economic uncertainty tied to ...
The Federal Reserve still believes tariffs complicate the interest rate cut picture, even as President Donald Trump attacks the central bank. Federal Reserve Chairman Jerome Powell has been one of the ...
There is heightened optimism the Federal Reserve will cut interest rates next month, with hopes boosted by a better-than-expected inflation report and Wall Street’s fear gauge falling to its lowest ...
The Federal Reserve’s latest decision to hold its benchmark interest rate steady at 4.25% to 4.5% sent ripples through Wall Street, as it always does. But while financial markets obsess over every ...
The Federal Reserve announced Wednesday, July 30, that it is leaving its benchmark interest rate unchanged, at a range of 4.25% to 4.5%. The decision is extremely foolish. By keeping rates at a ...
Matt Richardson is the senior managing editor for the Managing Your Money section for CBSNews.com. He writes and edits content about personal finance ranging from savings to investing to insurance.
Federal Reserve Chair Jerome Powell’s comments at Jackson Hole Friday hinting at the possibility of an upcoming interest rate cut should have been music to President Donald Trump’s ears. Yet days ...