The central bank is set to hold interest rates steady for its fourth straight meeting, a pause that could be extended through the summer.
Category: Federal Reserve System
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Where’s the Inflation From Tariffs? Just Wait, Economists Say.
Are predictions for a jump in consumer prices too early, or just wrong?
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CPI Shows U.S. Inflation Remains Muted as Tariff Impact Is Limited
The Consumer Price Index rose 2.4 percent in May, from a year ago, a reading that reflects only the initial impact of President Trump’s tariffs.
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Solid Jobs Report Bolsters Fed’s Patience on Rate Cuts
The central bank is in wait-and-see mode amid extreme uncertainty about the economic outlook.
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As Trump’s Tariffs Reshape Trade, Businesses Struggle With Economic Uncertainty
Policymakers and business owners are navigating a highly uncertain moment for the economy, wary of overreacting but watchful of a meaningful downturn.
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U.S. Is Trimming Back Its Collection of Consumer Price Data
The cutbacks would have “minimal impact,” the government said, but economists warned of reduced confidence in inflation data produced by a struggling statistical system.
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Fed Removes Shackle Imposed on Wells Fargo After Series of Scandals
For seven years, the bank was forbidden to grow as punishment for misconduct including creating fraudulent bank accounts and mistakenly seizing homes.
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Economists Question G.O.P. Bill: Why Increase the Deficit in Good Times?
Huge deficits are already making bond investors nervous. Economists warn that could make it harder to respond to future crises.
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Stanley Fischer, Who Helped Defuse Financial Crises, Dies at 81
He was the No. 2 at the Federal Reserve and the I.M.F. during periods of economic turmoil, and he mentored future economic leaders, like Ben Bernanke.
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PCE Inflation Stayed Subdued in April Amid Trump’s Tariff Limbo
The Federal Reserve has put interest rate cuts on hold until it has more clarity about President Trump’s policies.
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We Are Witnessing the Bond Market’s Power to Intimidate
Gaping budget deficits, on-again-off-again tariff wars and now, soaring bond yields. No wonder the markets are jumpy, our columnist says.
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Trump Meets With Powell After Months of Disparaging the Fed
Jerome H. Powell stressed in his first meeting since the president returned to the White House that policy decisions would be “based solely on careful, objective and nonpolitical analysis.”