Powell acknowledges ‘uncertainty’ as Fed juggle growth and inflation risks
Bank’s latest projections show officials expect GDP to expand by 1.7 per cent this year
Read more at Financial Times
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Federal Reserve cuts US economic growth outlook amid Trump tariffs
Officials raise inflation forecast to 2.7% this year, as Fed chair Jerome Powell says uncertainty is ‘remarkably high’. Officials at the US Federal Reserve cut their US economic growth forecasts ...The Guardian - 1h -
Fed cuts US growth forecast as Trump’s policies weigh on outlook
Central bank also lifts inflation projection as chair Jay Powell warns of tariff impactFinancial Times - 1h -
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 last projection of 2.1% in December.CNBC - 2h -
Watch live: Powell speaks as Fed expected to keep interest rates steady
Federal Reserve Chair Jerome Powell will hold a press conference Wednesday afternoon to discuss the Fed's latest decision on interest rates. The Fed is expected to keep interest rates steady amid ...The Hill - 5h -
Central banks should fear misbehaving inflation expectations
Widening dispersion and greater inflation uncertainty mean expectations are not as anchored as they appearFinancial Times - Mar. 11 -
Fed faces threat from US consumers’ soaring inflation expectations
University of Michigan survey shows American households’ outlook for price growth is at its highest since the early 1990sFinancial Times - 16h -
OECD cuts UK growth forecasts as Reeves grapples with weak economy
Downgrade comes ahead of Spring Statement, when official forecasts are expected to show much weaker GDP outlookFinancial Times - 2d -
Powell Says the Fed Is in No Hurry to Adjust Rates Amid Trump Policy Uncertainty
Jerome H. Powell says the Fed is focused on separating “signal from the noise,” as the president whipsaws on tariffs.The New York Times - Mar. 7 -
Bank of America's CEO says economic growth is 'better than people think' and the Fed should stay on hold
The Bank of America CEO said Wednesday that consumers are continuing to spend and growth should be solid though slower this yearCNBC - 6h
More from Financial Times
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Fed cuts US growth forecast as Trump’s policies weigh on outlook
Central bank also lifts inflation projection as chair Jay Powell warns of tariff impactFinancial Times - 1h -
BYD’s 5-minute charge: is time running out for electric-vehicle rivals?
Chinese carmaker’s second shock announcement of the year could put others out of business, say analystsFinancial Times - 7h -
Europe is only half-awake from its long sleep
Talk of Donald Trump bringing the continent together is absurdly prematureFinancial Times - 9h -
The war on encryption is dangerous
Government demands to access encrypted data via back doors will leave it vulnerable to hacks, breaches and theftFinancial Times - 6h -
Israel renews ground operation in Gaza
The land offensive comes after Israeli air strikes killed more than 400 people and shattered a two-month truce with HamasFinancial Times - 3h
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What Oil Executives Want From President Trump
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Retailer Five Below’s first-quarter outlook is more upbeat than its full-year one
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Fed holds interest rates steady, still sees two cuts coming this year
The Federal Reserve in a closely watched decision Wednesday held the line on benchmark interest rates though still indicated that reductions are likely later in the year.CNBC - 23m -
Reeves will not raise taxes in Spring Statement, say officials
Chancellor will rely on a spending squeeze to try to ensure she complies with her fiscal rulesFinancial Times - 29m -
Fed Holds Interest Rates Steady, but Trump’s Tariffs Could Slow Inflation Progress
Tariffs took center stage during the news conference with Jerome H. Powell, the Fed chair, on Wednesday.The New York Times - 32m