Business
As Fed Holds Rates Steady, Powell Says Next Step Is ‘Not at All Clear’
The Federal Reserve left interest rates unchanged on Wednesday for a third meeting in a row, as officials pointed to heightened…
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Business
Solid Jobs Report Reinforces Fed’s Patient Approach to Interest Rate Cuts
A solid labor market has for months given the Federal Reserve comfort that it could hold off on interest rate cuts until it had more…
Politics
Has Trump’s Tariff Fight Passed Its Peak?
Seen and heard, tariff edition “We have three airplanes that we had in China ready for delivery. I think we’ve got two of those already…
Business
What Is a Bear Market? Are We in One?
President Trump’s global tariffs have sent stock markets worldwide into a tailspin, and the S&P 500 on Monday entered bear market…
Business
Trump’s Trade War Raises Bar for Fed Rate Cuts
President Trump’s global trade war has significantly raised the bar for the Federal Reserve to lower interest rates, as tariffs risk…
Business
The Fed Isn’t Rushing to Save the Markets This Time
The notion that the Federal Reserve will rush in to rescue investors in a crisis has comforted investors for decades. But in the big…
Politics
Trump Tests Fed’s Independence With Order Expanding Authority Over Agencies
The Federal Reserve’s independence from the White House has long been enshrined in the law. But an executive order that President Trump…
Business
CPI Report: Inflation Rose Unexpectedly in January
U.S. inflation rose to 3 percent in January, strengthening the case for the Federal Reserve to extend a pause on interest rate cuts. The…
News
Fed Chair Faces Lawmakers at a Critical Juncture
When Jerome H. Powell, chair of the Federal Reserve, last testified in front of Congress in July, he hailed the “considerable progress”…
Business
Solid Labor Market Gives Fed Cover to Extend Rate Pause
Less than six months ago, Federal Reserve officials were wringing their hands about the state of the labor market. No major cracks had…
Politics
Trump’s Executive Orders Leave Imprint on the Fed
President Trump has so far restrained himself from trying to meddle with the Federal Reserve on matters related to monetary policy during…
Business
Inflation Ticked Up in December, Fed’s Preferred Measure Shows
The Federal Reserve wants to see more evidence that inflation is easing before resuming interest rate cuts. The latest data presented a…
Politics
The Fed Is Sitting on the Sidelines, but for How Long?
The relative calm in the markets may not survive upheaval in the A.I. sector and a deluge of disruptive Trump policies, our columnist…
Business
What to Watch at the Federal Reserve’s First Meeting of 2025
The Federal Reserve is set to stand pat at its first gathering of 2025, pressing pause on interest rate cuts as policymakers take stock of…
Business
The Fed Is About to Hit Pause on Rate Cuts. Here’s Why.
At the Federal Reserve’s final gathering of 2024, Chair Jerome H. Powell announced that the U.S. central bank was embarking on a “new…
Politics
Ahead of Trump Presidency, the Fed Quits Global Climate Network
The Federal Reserve has withdrawn from a network of global financial regulators focused on climate risk days before President-elect Donald…
Business
Rate-Cut Decision Was Narrow, Fed Minutes Show
Federal Reserve officials cut interest rates as expected last month. But minutes from their December meeting suggest that the decision was…