Fed’s Hammack comments suggest that no Fed rate cut will happen in July as inflation remains high. Odds drop below 5%.

Inflation has come down far enough to justify a move—and tariffs should necessarily not be a reason to delay, he said.

The U.S. central bank’s decision to hold interest rates steady in June was unanimously supported, but officials were starting ...

Federal Reserve governor Christopher Waller reiterated Thursday that he believes the Fed could consider cutting rates later ...

Federal Reserve Bank of San Francisco President Mary Daly said on Thursday the time to cut rates is nearing, without saying ...

Kevin Hassett, Trump's longest-serving economic adviser, is a leading contender to become the next Federal Reserve chairman, ...

Federal Reserve Governor Chris Waller said on Thursday said he favors cutting the Fed's policy rate in July. He also discussed the Fed's balance sheet and why it should continue to pay interest on ...

Federal Reserve officials diverged at their June meeting about how aggressively they would be willing to cut interest rates.

President Trump accelerates search for Powell’s Fed chair replacement, eyeing Bessent, Bowman, and others amid controversial ...

Fed Chair Jerome Powell has sketched out new conditions that could trigger rate cuts by summer’s end, but inflation remains a ...

Policy is rightly locked on hold over the near-term in part because the uncertainty surrounding the Trump administration’s ...

Federal Reserve Chair Jerome Powell on Tuesday stuck to his position that the central bank will keep its key rate on hold ...