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Apr 16

WATCH: Powell says Fed can wait on interest rate moves as tariff battle with China continues

By Christopher Rugaber, Associated Press

The Federal Reserve can stay patient and wait to see how tariffs and other economic policies of the Trump administration play out before making any changes to interest rates, Chair Jerome Powell said Wednesday.

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Mar 19

WATCH: Fed keeps interest rate unchanged, sees slower growth, higher inflation ahead

By Christopher Rugaber, Associated Press

The Fed also now expects the economy to grow more slowly this year and next than it did three months ago, according to a set of quarterly economic projections also released Wednesday.

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Mar 08

WATCH: Fed Chair Powell says interest rates on hold amid broad economic uncertainty

By Christopher Rugaber, Associated Press

The Federal Reserve is likely to keep its key interest rate unchanged in the coming months as it waits for widespread “uncertainty” stemming from President Donald Trump's policies to resolve, Chair Jerome Powell said Friday at a conference in New York.

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Mar 06

Mortgage rates have eased. Here’s why it could still be tough for many to afford a home

By Alex Veiga, Associated Press

The same factors that have pulled mortgage rates to their lowest level since December — signs that the U.S. economy is slowing and uncertainty over the potential fallout from the Trump administration's tariffs on imports — are clouding the outlook…

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Feb 12

U.S. inflation increases to 3 percent, groceries and gasoline prices heading higher

By Christopher Rugaber, Associated Press

The consumer price index increased 3% in January from a year ago, Wednesday's report from the Labor Department showed, up from 2.9% the previous month.

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Feb 12

WATCH: Powell says Trump’s calls for lower interest rates won’t affect Fed’s decisions

By Christopher Rugaber, Associated Press

Federal Reserve Chair Jerome Powell said Wednesday President Donald Trump’s calls for lower interest rates won’t lead the central bank to change its rate decisions.

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Jan 29

WATCH: Fed Chair Powell holds news briefing after key interest rate decision

By Christopher Rugaber, Associated Press

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…

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Jan 10

U.S. added 256,000 jobs in December as unemployment rate dipped

By Paul Wiseman, Associated Press

U.S. hiring picked up unexpectedly in December as employers added 256,000 jobs, another sign of the economy's resilience in the face of high interest rates.

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Dec 31

Analysis: How will inflation, interest rates and the U.S. consumer fare in 2025?

By D. Brian Blank, Brandy Hadley, The Conversation

Two finance scholars share key questions and risks they’re watching as we ring in the new year.

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Dec 18

Watch 5:34
Fed lowers interest rates again but inflation concerns make future cuts uncertain

By Geoff Bennett

The Federal Reserve lowered rates for the third consecutive time but also suggested there won’t be as many interest rate cuts in the year ahead as it once planned. Chairman Jerome Powell said the cut wasn’t an easy decision because…

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