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US economists predict Fed rate hold through May, June cut under Warsh
The Federal Reserve is expected to hold interest rates steady through May, with economists forecasting a cut in June under new chair Kevin Warsh, who may adopt looser policy.
US Senator Scott, facing block on Fed chair nominee, says Powell is not a criminal
Sen. Tim Scott said Fed Chair Jerome Powell did not break the law, pushing back on a DOJ probe tied to Fed testimony.
Fed leaves rates unchanged, sees ‘elevated’ inflation and stabilizing job market
The Federal Reserve held interest rates at 3.50%–3.75%, citing elevated inflation and steady growth, with little guidance on future cuts.
Richmond Fed leader sees less economic uncertainty in 2026
Gas prices are down, and tax refunds next month will provide some economic stimulus, Richmond Fed President Tom Barkin said Thursday.
Wall Street CEOs back Fed independence as Trump administration probes Powell
Wall Street CEOs back Fed independence after a Trump administration probe of Chair Jerome Powell sparks market and inflation concerns.
Wall Street indexes finish higher with tech, Walmart
NEW YORK, Jan 12 (Reuters) – The S&P 500 and Dow registered record closing highs on Monday, with shares of technology companies and retailer Walmart gaining and as investors mostly brushed aside concerns about the U.S. Justice Department’s criminal investigation of Federal Reserve Chair Jerome Powell. Technology was among the day’s biggest sector gainers. Shares […]
Trump administration probe of Fed’s Powell draws pushback
A criminal probe of Fed Chair Jerome Powell sparked bipartisan criticism, raised concerns over Fed independence and moved markets.
Past three Fed chairs decry ‘unprecedented’ assault by Trump on Powell
Former Federal Reserve chairs denounced a criminal probe of Chair Jerome Powell, warning it threatens central bank independence.
Fed’s Waller says he ‘absolutely’ would defend US central bank’s independence
NEW YORK, Dec 17 (Reuters) – Federal Reserve Governor Christopher Waller, who is on the short list to succeed Fed Chair Jerome Powell next year, said on Wednesday he would “absolutely” defend the central bank’s independence if it were challenged by a U.S. president. Waller, who is set to meet with President Donald Trump about […]
US stocks rise after the Fed cuts rates and hopes build for more
NEW YORK (AP) — The U.S. stock market rose to the edge of its record on Wednesday after the Federal Reserve cut its main interest rate to bolster the job market, and hopes strengthened for more cuts to come in 2026. The S&P 500 climbed 0.7% and finished just shy of its all-time high, which […]
Fed cuts rates again but signals pause ahead
WASHINGTON (AP) — The Federal Reserve reduced its key interest rate by a quarter-point for the third time in a row Wednesday but signaled that it may leave rates unchanged in the coming months, a move that could attract ire from President Donald Trump, who has demanded steep reductions to borrowing costs. In a statement […]
Fed faces divided debate ahead of expected rate cut
A divided Fed heads into a contentious meeting as Chair Jerome Powell seeks support for a third rate cut amid weak hiring and high inflation.
