Colby Smith

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Fed’s ‘Wait and See’ Approach Is Intact as New Risks Cloud Economic Outlook

The central bank is set to hold interest rates steady for its fourth straight meeting, a pause that could be extended through the summer.

Where’s the Inflation From Tariffs? Just Wait, Economists Say.

Are predictions for a jump in consumer prices too early, or just wrong?

CPI Shows U.S. Inflation Remains Muted as Tariff Impact Is Limited

The Consumer Price Index rose 2.4 percent in May, from a year ago, a reading that reflects only the initial impact of President Trump’s tariffs.

Solid Jobs Report Bolsters Fed’s Patience on Rate Cuts

The central bank is in wait-and-see mode amid extreme uncertainty about the economic outlook.

As Trump’s Tariffs Reshape Trade, Businesses Struggle With Economic Uncertainty

Policymakers and business owners are navigating a highly uncertain moment for the economy, wary of overreacting but watchful of a meaningful downturn.

Fed’s Preferred Inflation Gauge Subdued in April as Spending Slows

The Federal Reserve has put interest rate cuts on hold until it has more clarity about President Trump’s policies.

Trump Meets With Powell After Months of Disparaging the Fed

Jerome H. Powell stressed in his first meeting since the president returned to the White House that policy decisions would be “based solely on careful,…

Fed ‘Well Positioned’ to Wait on Rate Cuts Even as Economic Risks Rise, Minutes Show

Officials at the Federal Reserve have adopted a wait-and-see approach to policy moves amid extreme uncertainty about the economic outlook.

Federal Reserve Plans to Cut 10% of Its Staff

In an internal memo to staff on Friday, Jerome H. Powell, the chair of the central bank, said the institution would offer a voluntary deferred…

U.S. Inflation Stable Ahead of Expected Jump From Tariffs

Economists and policymakers are bracing for inflation to re-accelerate as companies adapt to President Trump’s trade war.