Fed Ups Inflation Forecast And Expects Less Economic Growth, Citing ‘Uncertainty’
The Federal Reserve's quarterly dot plot also revealed how the central bankers expect the U.S. economy to perform this year.
Swedish government lifts inflation outlook amid economic uncertainty
Sweden's right-wing government on Wednesday hiked its forecast for inflation this year and said it would monitor the ...
Fed sees higher inflation and slower U.S. economy due to uncertainty tied to Trump tariffs
Uncertainty spawned by President Trump’s tariffs prodded the Federal Reserve to predict a slower economy and higher inflation ...
Stagflation? Fed sees higher inflation and an economy growing by less than 2% this year
The rate-setting Federal Open Market Committee downgraded its collective outlook for economic growth to 1.7%, down from the ...
Federal Reserve leaves key interest rate unchanged amid uncertainty over economy, inflation
The Federal Reserve announced that it will leave a key interest rate unchanged for the second consecutive meeting amid ...
Fed sees 2 rate cuts in 2025, projects higher inflation and lower economic growth
Along with its policy announcement, the Fed released updated economic forecasts in its Summary of Economic Projections (SEP), ...
Powell warns inflation is sticking around thanks to Trump's tariffs
Federal Reserve Chair Jerome Powell said that "a good part" of inflation will likely come from President Donald Trump's trade ...
Higher Tariffs Would Raise Inflation, Slow Growth, ECB’s Lagarde Says
A rise in U.S. tariffs on imports from the EU that was met with retaliation would weaken economic growth in the eurozone and ...
Federal Reserve sees tariffs raising inflation this year, keeps key rate unchanged
The Federal Reserve kept its benchmark interest rate unchanged Wednesday and signaled that it still expects to cut rates ...
Fed Sharply Reduces 2025 Growth Projection, Marks Up Inflation
In its latest quarterly economic projections, the Fed lowered its growth outlook for 2024 and 2025, forecasting a slower ...
Citing Tariffs and Uncertainty, Fed Sees Higher Inflation and Lower Growth
Jerome Powell, the Fed chair, said that “further progress may be delayed” on inflation because of tariffs. Officials kept ...
Fed holds interest rates steady, forseeing less growth and higher inflation ahead
Fed policymakers said risks had increased, with a near unanimous sentiment in saying the outlook for the year was muddled.