The Federal Reserve was widely expected to leave interest rates unchanged on Wednesday, at the conclusion of its March meeting.
Trump dust-ups, but on the bigger economic news lurking on the bank’s balance sheet.
Fed Chair Jerome Powell cites "high uncertainty" around the impact of Trump administration tariffs on key trading partners.
Federal Reserve Chair Jerome Powell on Wednesday said President ... In January, during a virtual address to the World Economic Forum in Davos, Switzerland, Trump called on the central bank to cut rates days before it was set to announce an interest rate ...
Federal Reserve Chair Jerome Powell said ... saying in a speech at the annual World Economic Forum gathering in Davos, Switzerland that he planned to "demand that interest rates drop immediately."
Economists, market watchers and consumers alike are still trying to understand the implications of President Donald Trump's announcement on Wednesday of sweeping new tariffs. The plan, part of Trump's "Make America Wealthy Again" initiatives,
Key Takeaways Economists say President Donald Trump's Wednesday announcement of broad-based tariffs on trading partners worldwide will likely push up inflation and increase the chances of a recession.
President Donald Trump’s new tariffs create a dilemma for the Federal Reserve because they’re likely to both increase inflation and slow economic growth — and possibly lead to stagflation.