The decision reflects a cautious stance as the Fed assesses the direction of inflation and policies President Trump may ...
The Fed is holding off on more rate cuts for now, amid concerns that inflation isn’t slowing quickly enough.
It takes time for the Fed’s decisions to filter through the economy — and then even more time for consumers to see the ...
The rate-setting Federal Reserve did not heed Trump’s insistence last week demanding “interest rates drop immediately.” ...
The Canadian dollar weakened against the greenback on Wednesday as the Bank of Canada's latest interest rate cut helped widen ...
After three successive interest rate cuts, the Federal Reserve on Wednesday made no change in its benchmark lending rate amid ...
Below are some key quotes from a news conference by Bank of Canada Governor Tiff Macklem and Senior Deputy Governor Carolyn ...
In December 2024, Governor Tiff Macklem pointed to a 2019 internal simulation of the U.S. imposing significant tariffs. That ...
The FOMC will announce its rate decision at 2 p.m. Eastern time and release its updated Summary of Economic Projections then, ...
President Trump may want lower interest rates, but the Federal Reserve will almost certainly keep its benchmark interest rate ...
Faced with a solid economy and mounting inflation concerns, the U.S. central bank has said it will “move cautiously” on ...
Rate cuts may open new opportunities but demand a disciplined approach to portfolio management and client engagement.