Trump official orders Consumer Financial Protection Bureau, brainchild of Sen. Warren, to stop work
"They will fail again," Warren said after a Trump administration official ordered the Consumer Financial Protection Bureau to ...
Here's why one economist sees no Fed rate cuts this year
Ever since inflation spiked in 2021, the Federal Reserve has been trying to get inflation down to its 2% goal. In response, the central bank raised its policy rate by 5.25 percentage points in 2022 ...
Can the Trump Administration Unilaterally Cut Indirect Costs for NIH Grants?
On Friday, the Trump Administration announced that it would cap the indirect cost rate for federal grants from the National Institutes of Health at ...
Trump official orders consumer protection agency to stop work
The Trump administration has ordered the Consumer Financial Protection Bureau to stop nearly all its work, effectively ...
Fed rate hike could come as early as June: Apollo’s chief economist
The Federal Reserve could start raising the cost to borrow money as early as June if historical averages are any guide, Torsten Slok, chief economist at investment firm Apollo Global Management, said ...
Why the Job Market Is Giving the Fed Cover to Extend a Pause on Rate Cuts
The central bank is grappling with how quickly to lower interest rates after pausing cuts last month.
Fed might need to hold rates steady ‘for quite some time,’ Logan says
Even inflation falling close to 2% in the coming months might not necessarily allow the Fed to cut rates soon, Logan said.
Morgan Stanley revises Fed rate cut forecast amid tariff uncertainty
Morgan Stanley joined Barclays and Macquarie in forecasting a single 25 basis point interest rate cut by the U.S. Federal ...
Fed Vice Chair Jefferson advocates remaining cautious on rates as policy drama unfolds
Jefferson echoed recent statements from other officials that it’s in the Fed’s best interest to move slowly as it evaluates ...
Fed's Jefferson: Rates likely to fall over medium term
The Federal Reserve can continue cutting interest rates at least "over the medium term," Fed Vice Chair Philip Jefferson said ...
Will Tariffs Keep the Federal Reserve From Cutting Interest Rates This Year?
Like everyone else, Federal Reserve officials are watching and waiting to see what tariffs Donald Trump will impose and how they will affect the economy.
Fed interest-rate cuts might not come anytime soon, two top officials say
Two senior Federal Reserve officials said Monday that they are in no rush to cut interest rates further given the uncertainty ...