Fed hold rates steady, sees inflation as 'elevated,' as Powell declines comment on Trump
The Federal Reserve left its benchmark interest rate unchanged Wednesday after cutting it three times in a row last year, a sign of a more cautious approach as the Fed seeks to gauge where inflation is headed and what policies President Donald Trump may pursue.
Kristalina Georgieva, IMF managing director, speaks on a panel at the World Economic Forum in Davos, Switzerland.
Consumers and traders are waiting to learn if the Fed’s pause is a one-meeting hold or the start of a longer stretch.
6don MSN
At the World Economic Forum, President Trump's return to the White House overshadowed traditional talk on climate change, ...
Global policymakers have made remarkable progress in tackling inflation without inducing a recession, but some work remains ...
Economists and analysts aren’t convinced that an expansion of oil and gas production will lower consumer prices.
I mean, get over it,” JPMorgan Chase CEO Jamie Dimon told CNBC on Wednesday from the World Economic Forum in Switzerland. “National security trumps a little bit more inflation.” ...
BlackRock Inc. Chief Executive Officer Larry Fink said investors are too quick to conclude that high inflation is over, ...
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The Republican has promised strong growth, high tariffs, income tax cuts and booming oilfields. But despite the solid job ...
South Africa's economic outlook is better this year than last, but the inflation picture is more muddied as risks abound, its ...
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