Tag: Federal Reserve
Fed Expected to Maintain Interest Rates Amid Tariff Uncertainty
Federal Reserve Chair Jerome Powell and his colleagues are expected to keep interest rates unchanged Wednesday, ignoring President Trump's criticism of the central bank for not lowering rates. The decision to maintain the Fed's...
Fed Chair Powell Won’t Cut Rates, Wharton’s Jeremy Siegel Predicts
So, like, I just read this article, right? It's from this fancy place called FORTUNE or something like that. They talk about how they own all the rights and stuff, and how they have...
Understanding the Federal Reserve’s Independence: Explained Simply
Presidnet Donald Trump, who's been making lots of noise about Federal Reserve Chair Jerome Powell for ages, claims Powell is playing politics by keeping interest rates high, and he's even threatened to kick Powell...
Fed Holds Interest Rates Steady Amid Tariff Uncertainty
The Federal Reserve recently opted to maintain interest rates at their current levels due to uncertainty surrounding the impact of tariffs on the economy. This decision, made in the midst of a delicate dance...
February Inflation Eases Amid Tariff Uncertainty
In February, the nation saw a slight decrease in inflation, offering a glimmer of hope amidst ongoing economic uncertainties. While consumer prices rose 2.8% from the previous year, a slower pace compared to January's...
Bank of America CEO on Inflation Impact: Rates Stay Stable
Bank of America CEO Brian Moynihan is optimistic about the stability of interest rates, attributing it to robust consumer spending trends. In an interview with CNBC's Leslie Picker, Moynihan highlighted that Bank of America's...
Jerome Powell: No Rush on Interest Rate Cuts
Federal Reserve chair Jerome Powell recently addressed the Senate Banking Committee, providing insights into the future of interest rates. Powell emphasized that there is no urgency to reduce interest rates, given the robust job...