Fed officials see inflation, according to their preferred measure, rising to 3% by the end of this year, from 2.1% in April. It also projects the unemployment rate will rise to 4.5%, from 4.2% ...

Over the next 12 months, consumers expect prices to rise 3.2%, down by 0.4 percentage point from a month ago, according to the May edition of the New York Fed's survey of consumer expectations.

Trump calls Fed Chair Powell a ‘numbskull’, urges rate cuts despite impact of his own criticism. (Image: AP) US President Donald Trump on Friday once again urged the Federal Reserve to cut ...

he Fed was widely expected to keep interest rates where they have been since last September, with a Fed funds rate upper bound of 4.5 percent, and that is precisely what happened.

US Fed rate outlook: Governor Waller signals possible July rate cut; says tariff impact may be ‘one-off’ and shouldn’t delay easing TOI Business Desk / TIMESOFINDIA.COM / Jun 20, 2025, 21:53 IST ...

President Donald Trump on Friday again demanded the Federal Reserve lower interest rates, insulting Fed Chair Jerome Powell in the process. But this time, Trump added something new: an ...

Federal Reserve governor Christopher Waller said the central bank could be positioned to cut interest rates at its July meeting, notwithstanding potential inflation pressures from tariffs. “I ...

WASHINGTON (Reuters) -The close split at the U.S. Federal Reserve over whether to keep hedging against inflation risks or move forward faster with rate cuts came through on Friday in the first ...

The Fed's latest forecast sees inflation rising to 3% by the end of this year from its current level of 2.1%. Then the rate of inflation would slow to 2.4% in 2026 before returning to 2.1% in 2027.

The Fed’s decision won’t directly impact your Social Security checks. There’s a specific measure you’ll want to look at to see what’s in store for Social Security next year.

The last such cut came in March 2020, when the Fed slashed rates by 100 basis points in reaction to the global spread of COVID-19. S&P 500 index (left) vs. Bitcoin/USD (right) in 2020.