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Fed Holds Rates Steady, Warns of Higher Unemployment and Inflation
The Fed operates with a dual mandate of keeping the labor market healthy while maintaining stable prices. At the moment, the labor market remains solid and inflation, while not at the 2% annual level the Fed desires, has come down significantly. That could change if some of the more aggressive Trump tariffs take effect.
The Federal Reserve held interest rates steady on Wednesday but said the risks of both higher inflation and unemployment had ...
President Donald Trump’s volatile trade war threatens both higher inflation and rising unemployment, forcing the Federal Reserve to make the difficult choice of addressing just one of those problems ...
Fed Chair Jerome Powell said the Trump administration’s tariff increases were “significantly larger than anticipated,” but ...
Back in 2019, Powell noted the economy showed some signs of weakening and, with inflation running below the Fed's 2% target, ...
The Fed kept rates unchanged at 4.25%–4.50%, emphasizing caution due to trade policy uncertainties and negative Q1 GDP growth ...
These are today's mortgage and refinance rates. Mortgage rates dropped slightly after the Fed wrapped up its May meeting on ...
18hon MSN
The duties, Powell acknowledged, could both slow growth and lift prices, which puts the Fed in a tough spot. It would usually ...
Jay Hatfield, CEO of Infrastructure Capital Management, joined TheStreet to explain why the Fed may be ignoring one key ...
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