Fed meeting recap: Powell says inflation isn’t coming down as much as ‘hoped’

The Fed's summary of economic projections revealed a higher inflation forecast compared with previous estimates, but also ...
NBC Los Angeles

Fed decision recap: Powell says tariffs could delay progress on lowering inflation

The Federal Reserve kept interest rates at its target range of 4.25% to 4.5%, but policymakers said they still see two rate cuts coming in 2025. Their economic outlook also called for higher inflation ...
Wall Street Journal

Heard on the Street Recap: Powell Pause

The Federal Reserve entered a new holding pattern on interest rates and signaled little urgency to resume cuts. The decision to hold the benchmark federal-funds rate steady in a range between 3.5% and ...