Fed hold rates steady, sees inflation as ‘elevated’; Powell declines comment on Trump
The Fed said the job market is “solid,” and noted that the unemployment rate “has stabilized at a low level in recent months.”
Today's Mortgage Rates | Rates Tick Down as Fed Eyes Elevated Inflation
These are today's mortgage and refinance rates. Mortgage rates are likely to remain elevated until inflation comes down further.
Fed pauses interest rate cuts as inflation, Trump's plans create uncertainty
The Federal Reserve kept its key interest rate unchanged as officials grappled with uncertainty caused by inflation and President Trump's plans.
Fed Holds Rates Steady Amid ‘Elevated’ Inflation and Trump Uncertainty
Though the Fed and its chairman, Jerome Powell, repeatedly tout their independence from the political world, it is clear from comments from Fed officials that they believe inflati
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.
Transcript: The Fed ignores Trump’s calls to cut rates
This is an audio transcript of the FT News Briefing podcast episode: ‘The Fed ignores Trump’s calls to cut rates’ Sonja Hutson Good morning from the Financial Times. Today is Thursday, January 30th. And this is your FT News Briefing.
Fed Likely to Hold Rates Steady Despite Trump Call for Cuts as It Awaits Tariff, Immigration Changes
President Donald Trump may want lower interest rates, but the Federal Reserve will almost certainly keep its benchmark interest rate unchanged at its two-day policy meeting that ends Wednesday
US. Fed holds interest rates steady amid Trump’s criticism
The Federal Reserve has kept interest rates on hold in its first decision of the year, despite sharp criticism from President Trump. Plus, the US tech sector continues to feel the impact of a new budget-friendly Chinese AI app.
South Africa producer inflation at 0.7% y/y in December
South Africa's producer inflation was at 0.7% year on year in December versus -0.1% in November, statistics agency data ...
December inflation figures set to make or break February rate cut, with government watching on
The new inflation figures published on Wednesday may be decisive for the Reserve Bank as it weighs a February interest rate ...
What To Expect From Friday's Report On Inflation
Key Takeaways Inflation likely accelerated in December, putting pressure on the Federal Reserve to keep interest rates ...
Inflation has gone up for the third straight month, but switching bank accounts could help protect your funds
Knowing when to switch bank accounts can be stressful, especially as inflation rises. Find out how to know it's time to ...
Here’s What To Expect From January’s CPI Inflation Figures
The Consumer Price Index report for January is expected to show broadly unchanged annual inflation according to nowcasts. That may be broadly good news for the Fed.
Fed's Powell said PCE inflation rose 2.6% in 12 months ended in December
Fed Chairman Jerome Powell said the PCE inflation report in December is expected to show prices rose 2.6% in the past 12 months, or a somewhat higher 2.8% based on the core rate that omits food and ...
Spain's 12-month EU-harmonised inflation rises to 2.9% in January
Spain's European Union-harmonised 12-month inflation rate rose to 2.9% in January, from 2.8% in the period through December, ...
Transport Topics13d
Inflation Rose in December but Underlying Pressures Fell
U.S. inflation accelerated last month as prices for gas, eggs and used cars rose, yet underlying price pressures also showed ...
Iowans have lost an estimated $34,000 to inflation since 2020.
How much has rising inflation since 2020 cost you? While Iowans need to spend more to maintain their standard of living, ...