Why the Fed may be done cutting interest rates, once and for all
After their meeting Wednesday, Fed officials held interest rates steady in a range of 4.25% to 4.5%. In December, officials had penciled in two quarter-point cuts for 2025. Also read: Powell takes ...
Why Americans still can’t get cheaper mortgages, car loans or card balances after three Fed rate cuts
It takes time for the Fed’s decisions to filter through the economy — and then even more time for consumers to see the ...
Fed Stands Pat on Rates, Entering New Wait-and-See Phase
Fed Chair Jerome Powell says, “We do not need to be in a hurry to adjust our policy stance.” ...
U.S. Economy Grew Slower Than Expected Last Quarter—Weakest Q4 Since 2018
After entering a technical recession in 2022, the U.S. economy has proven resilient even amid high interest rates.
Forbes Daily: Trump Blasts Fed As Agency Pauses Interest Rate Cuts
Thursday's Forbes Daily covers interest rates, DC plane crash, private prisons and ICE, Tesla profit declines, OpenAI accuses ...