Federal Reserve Chair Jerome Powell said Wednesday President Donald Trump’s calls for lower interest rates won’t lead the ...
Inflation accelerated in January, rising 3% on an annual basis, indicating that the Federal Reserve's push to drive inflation down to a 2% annual rate has stalled out, at least temporarily.
Because the economy is doing well, the Fed can take its time to decide when and whether to lower interest rates.
A Fed interest rate cut won’t be coming until at least September, if at all this year, following a troubling inflation report ...