The Fed sets short-term interest rates, but does not directly control mortgage rates, which tend to move in tandem with the yields on long-term bonds. Those long-term rates are dependent on investor ...
Powell said the Fed did not have to be in a hurry to cut rates further following three consecutive cuts since September last year. He said he was optimistic inflatio ...
Higher tariffs could worsen the squeeze on American families by increasing their taxes, lowering their income, and requiring them to pay more for tariffed goods.
But on the pesky other hand, the Federal Reserve is now concerned about reflation and has halted its interest rate-cutting cycle after just four months. One of their worries is Trump himself, who ...
Last week the Federal Reserve described the US labour market as “solid” and noted that the unemployment rate had stabilised. This week’s monthly jobs report on Friday will put that view to the test.