Fed faces thorny decisions as it weighs when to lower interest rates amid Trump's tariffs
The Fed faces complex decisions as it decides how quickly to cut rates or whether to raise them amid Trump's tariffs and ...
Chicago Fed CEO says tariff uncertainty could slow rate lowering
"I still think my ultimate where-we're-going-to-land is a fair bit below where we are today," Austan Goolsbee said at auto ...
January CPI report expected to show headline inflation eased slightly amid rate cut debate
January's Consumer Price Index will serve as the latest test of whether inflation pressures have eased further.
PBS4d
Chicago Fed president on what the new jobs report says about the economy
The new jobs report shows the pace of hiring slowed slightly in January with the economy adding 143,000 jobs. The report also ...
Fed Chair Powell says central bank doesn't ‘need to be in a hurry' to lower interest rates further
Powell called the economy “strong overall” with a “solid” labor market and inflation that is easing but still above the Fed’s ...
Federal Reserve Chair Gives Update on US Bank Accounts Amid Trump's Orders
Jerome Powell was quickly thrust into the partisan turmoil surrounding Trump's executive orders and the efforts of Elon Musk.
Tariffs Could Derail the Fed’s Inflation Progress: Chicago Fed President Goolsbee
Trade wars could lead to supply-chain disruptions and an inflation spike similar to the early pandemic, Austan Goolsbee said.
Goolsbee: Fed in solid place for eventual cuts though uncertainty means a slower approach
A full-employment economy with solid growth and falling inflation will let the U.S. Federal Reserve continue cutting interest ...
Fed officials see healthy jobs market, no rate-cut rush
Federal Reserve officials on Friday said the U.S. job market is solid and noted the lack of clarity over how President Donald ...
WTTW1d
How Trump’s Plan to Shrink the Federal Workforce Could Impact Illinois
Although Trump is a convicted felon who pardoned those found guilty of crimes like assaulting law enforcement officers at the Jan. 6, 2021, breach of the U.S. Capitol, the memo says that “employees ...
Chicago Fed's Goolsbee says he supports slower rate-cutting pace
Federal Reserve Bank of Chicago President Austan Goolsbee said Friday he is not opposed to a more gradual approach to ...
AOL4d
When’s the next Federal Reserve meeting? What to expect — and how it affects your finances
What is the Federal Reserve — and why does it meet? The Federal Reserve is the central bank of the United States and the anchor of the country's financial system and economic health. It’s ...