Fed hold rates steady, sees inflation as ‘elevated,’ as Powell declines comment on Trump
Outside of a U.S. President bending norms, the Fed also faces challenges in achieving its economic objectives. Inflation remains above its 2% target: Its preferred measure is at 2.4%, though core prices — considered a better gauge of where inflation is headed — rose 2.8% in November from a year ago.
Fed hold rates steady, says job market is 'solid' while inflation 'remains somewhat elevated'
Fed Chair Jerome Powell has said it is harder to gauge where inflation is headed, in part because of increased uncertainty around what policies Trump will adopt.
The Federal Reserve holds interest rates steady
The Federal Reserve left interest rates unchanged on Wednesday, amid a cloudy economic outlook, partly because some of President Trump’s policies could stymie the fight against inflation. Wednesday’s pause comes after the central bank cut interest rates by a full percentage point between September and December of last year.
Federal Reserve keeps interest rates unchanged, defies Trump
The Federal Reserve on Wednesday kept interest rates unchanged, bypassing a trend of dropping cuts and bucking President Donald Trump's wishes amid uncertain economic times,
Fed pauses interest rate cuts. What happens next may depend on Trump
After three successive interest rate cuts, the Federal Reserve on Wednesday made no change in its benchmark lending rate amid new economic uncertainties over the outlook for inflation and President Trump's continued threats of new tariffs and other measures.
Fed hits pause on interest rate cuts
The Federal Reserve on Wednesday hit pause on interest rate cuts in its first key decision of President Donald Trump’s second term.
The Trump economy: inflation versus isolationism
Economists now, on average, predict inflation will be 2.6 per cent this year, up from 2.2 per cent before the election, ...
What To Expect From Friday's Report On Inflation
Inflation likely accelerated in December, putting pressure on the Federal Reserve to keep interest rates relatively high.