The Federal Reserve predicted it is likely to cut its benchmark short-term interest rate to a median 4.6% by the end of 2024, 3.9% by 2025 and 3.1% by 2026. Previously, the Fed forecast its ...

Fed staff are no longer predicting a U.S. recession - Powell Jul. 27, 2023 6:10 AM ET S&P 500 Index (SP500) , DJI , QQQM By: Yoel Minkoff , SA News Editor 41 Comments mrdoomits/iStock via Getty Images ...

The Fed Fed no longer foresees a U.S. recession — and other things we learned from Powell’s press conference ‘They’re putting a soft landing back on the table,’ one economist says ...

Fed Chair Jerome Powell said the central bank no longer forecasts a recession this year. It's a shift from previous meetings when the committee left the potential for a recession on the table.

On Wednesday, Fed officials raised interest rates by a quarter-percentage point, as was widely expected by Fed watchers, to a range of 5.25% to 5.5% after pausing tightening at last month’s meeting.

The Fed will offer new forecasts this coming week. In Europe, by contrast, the ECB has been cutting its inflation forecasts and now expects inflation to fall to its target of 2% this year before ...

Economists at Goldman Sachs no longer expect the U.S. Federal Reserve to raise interest rates in June, according to a research note published on Wednesday following data that showed consumer ...

Central bank benchmark borrowing costs are now more than 2 percentage points lower in Europe than the US, a divide that has caught the attention of President Trump.