Federal Reserve officials expect inflation to worsen in the coming months but they still foresee two interest rate cuts by the end of this year, the same as they projected in March.
June 18, 2025federal reserve News Updates
Federal Reserve Leaves Its Key Rate Unchanged
Producer Price Index Rises Less Than Forecast in May
The Labor Department reported June 12 that its producer price index rose 2.6% in May. Producer prices rose 0.1% from April to May after dropping 0.2% the month before.
June 12, 2025Consumers See Lower Inflation Ahead Across All Horizons
The responses to a Federal Reserve Bank of New York survey came as President Donald Trump struck a deal that significantly — though temporarily — lowered tariffs on imports from China.
June 9, 2025Fed Signals No Rate Cuts Before September
Two Federal Reserve officials, including New York Fed chief John Williams, suggested policymakers may not be ready to lower interest rates before September.
May 19, 2025Fed’s Barr Says Supply Chain Chaos Could Boost Inflation
Federal Reserve Governor Michael Barr said the economy is on solid ground, but warned tariff-related supply chain disruptions could lead to lower growth and higher inflation.
May 15, 2025Inflation Expectations Hit Nearly 3-Year High
Median expectations for inflation three years from now rose to 3.2% in April, the highest reading since July 2022. Estimates for year-ahead price growth, however, held steady.
May 8, 2025Fed Holds Rates Steady as Inflation, Job Risks Rise
Federal Reserve officials held interest rates steady for a third straight meeting and emphasized they see a growing risk of both higher inflation and rising unemployment.
May 7, 2025Trump Softens Tone on Tariffs, Says He Won’t Fire Powell
President Donald Trump allayed fears that he plans to fire Fed Chair Jerome Powell and signaled he would be "very nice" to China in trade talks.
April 23, 2025Trump Threatens Powell Ouster Ahead of IMF Meetings
President Donald Trump warned the U.S. economy may slow if the Federal Reserve does not move to immediately reduce interest rates, in his latest broadside against Fed Chair Jerome Powell.
April 21, 2025Trump Pressures Fed to Cut Rates as Tariff Concerns Grow
The public pushback on interest rates comes as the Trump White House tries to make its case for stiffer tariffs amid a mixed economic picture in the U.S.
March 20, 2025