News

Federal Reserve Chair Jerome Powell has warned that longer-term interest rates will likely remain higher due to the risk of ...
the Fed released updated economic forecasts in its Summary of Economic Projections (SEP), including its "dot plot," which maps out policymakers' expectations for where interest rates could be ...
Based on their median forecast, policymakers now see gross domestic product increasing by 2.1% in 2025, according to the Fed’s latest Summary of Economic Projections. In September, they forecast ...
The US economy contracted by 0.3% in Q1. Yet, the economic outlook is not bad if tariff decisions are concluded this summer.
"Many estimates of the longer-run level of the policy rate have risen, including those in the summary of economic projections," Powell said. "Higher real rates may also reflect the possibility ...
The bank’s Summary of Economic projections showed officials expect the personal consumption expenditures price index, or PCE price index, to end the year at 2.6%, slightly higher than they ...
Many estimates of the longer-run level of the policy rate have risen, including those in the Summary of Economic Projections." Inflation may be more volatile in years ahead. In addition ...
UNITED NATIONS (AP) — The United Nations on Thursday forecast slower global economic growth this year and next, pointing to ...
Century-high tariff levels imposed by President Trump are expected to take a bite out of global economic growth this year, International Monetary Fund (IMF) economists said Tuesday. The IMF ...
Federal Reserve Chairman Jerome Powell on Thursday said that the central bank's framework for setting monetary policy may need to be adjusted to account for the possibility that supply shocks will ...