“I think we’re in a good place, but I think from here it’s a new phase and we’re going to be cautious about further cuts,” Mr Powell said at a press conference following the end of the ...

This is lower than the four estimated during the September FOMC meeting and would bring rates close to 3.9% by 2025-end. Fed chairman Jerome Powell said, “The slower pace of cuts for next year ...

Fed officials had thought their preferred inflation gauge, the Personal Consumption Expenditures price index, would be 2.1% by the end of 2025 at September’s monetary policy meeting, according ...

The U.S. central bank is widely expected to deliver a 25-basis-point interest rate cut at the end of its meeting later in the day, but the focus will be on how much further Fed officials think they ...

WSJ’s Nick Timiraos and former Fed Vice Chair Richard Clarida explain how much influence Donald Trump will have over the Fed. Photo Illustration: Rio Roye & Annie Zhao Investors shuddered on ...

"The economy is strong overall" and has made progress in the Fed's full employment and price ... "We've had a year-end projection for inflation, and it's kind of fallen apart as we've approached ...

Wall Street is calling this a “hawkish cut” because the Fed’s potentates rolled back their expectations about future rate cuts. But the real way to think about Wednesday’s monetary news is ...

Officials estimate the Fed funds rate to end at 3.9% in 2025 and 3.4% in 2026. Other projections suggest that the Fed’s favorite inflation gauge, the Core PCE, is expected to end at 2.8% in 2024 ...

Major indexes had been up ahead of the meeting but tanked sharply as traders digested projections from the central bank and tuned in to Fed Chair Jerome Powell's press conference. Bond yields ...

A chart showing the Federal funds target rate having decreased to 4.5 percent from 4.45 percent and what 19 Fed officials think that rate should be at the end of this year and next, which range ...

As widely expected, the Fed lowered its main policy rate target by 25 basis points on Wednesday to a range of between 4.25% and 4.5%, with one policymaker dissenting in favor of no action.

Powell addressed the issue during a Dec. 19 press conference, emphasizing that the Fed is not pursuing any legislative changes to alter this position. "We’re not allowed to own Bitcoin.