News

Trump urges Federal Reserve to slash interest rates by a full percentage point
The president has repeatedly berated Powell for not cutting rates as he desires. The two men met face-to-face for the first ...
Crain's Chicago Business2h
Chicago Fed president goes hunting for inflation clues in the heartland
On-the-ground insights have become especially valuable over the last few months as uncertainty about trade and other policies ...
Trump calls again for a Fed cut but resilient jobs report makes that even less likely
President Trump once again suggested the Federal Reserve should lower rates, but any slim chance of a June cut evaporated ...
Fed should cut interest rate by a full point, Trump says
The U.S. Federal Reserve should cut interest rates by a full percentage point, President Donald Trump said on Friday as he ...
Solid Report Bolsters Fed’s Patient Approach to Interest Rate Cuts
A solid jobs report in May has reinforced the Federal Reserve’s stance that it can take its time before restarting interest ...
Fed’s preferred inflation gauge cools to lowest level since September — calming rattled markets
Economists and some business executives have warned that prices will likely head higher as Trump’s widespread tariffs take ...
Fed’s Bostic Wants More Progress on Inflation, in No Rush to Cut
Federal Reserve Bank of Atlanta President Raphael Bostic said he’s in no rush to move interest rates, adding he wants to see ...
Fed’s Preferred Inflation Gauge Subdued in April as Spending Slows
The Federal Reserve has put interest rate cuts on hold until it has more clarity about President Trump’s policies.
ECB Cuts Rates for Eighth Time, Widening Gap With Fed
The ECB’s rate cuts have drawn the attention of President Trump, who has criticized the more cautious stance of Federal ...
Fed Chair Powell reveals new inflation target
Federal Reserve Chair Jerome Powell unveiled the central bank's monetary policy framework for 2025 Monday morning. "It ...