“The hurdle to change the federal funds rate one way or the other has increased due to tariffs,” Kashkari wrote early Wednesday in an essay published on the Minneapolis Fed’s website.

“It’s really not at all clear what it is we should do,” he told reporters. Forecasts for when the Fed will restart interest rate cuts have been in a constant state of flux, whipsawing on ...

By Colby Smith Ahead of the Federal Reserve’s meeting this month, investors were still holding out hope that the central bank would soon restart the interest rate cuts ... of the Fed’s May ...

U.S. stocks surged Wednesday afternoon to close sharply higher and financial markets pulled back on earlier bets on aggressive Fed rate cuts ... committee this year. Kashkari, in an essay released ...

A divide is emerging within the Fed about whether to hold rates steady or start to get more comfortable about cuts later this year as officials try to determine if any inflation coming from President ...

the Fed may act more swiftly than anticipated, as evidenced by today’s meeting, when he discussed the rate cuts in 2024: Powell: “The 2024 rate cuts weren’t preemptive… If anything ...

Fed policymakers are likely to continue holding rates steady despite a cooler reading on inflation for the month of March, due to the risk that prices could pick back up in the coming months as ...

Financial markets are currently pricing in a significant and rapid cycle of interest rate cuts by the Federal Reserve ... a crucial factor guiding the Fed’s policy decisions.

Pride adds that today's data are unlikely to change the Fed's plans for rate cuts. "The relative health of the labor market affords it the ability to take a patient approach as the effects of ...

The US Federal Reserve is widely expected to extend a recent pause in rate cuts this week as it waits to see how President Donald Trump's stop-start tariff rollout affects the health of the world ...