The central bank has halted hiring to align with a White House directive and pulled back its work on climate change.
Even inflation falling close to 2% in the coming months might not necessarily allow the Fed to cut rates soon, Logan said.
Treasury Secretary Scott Bessent said Thursday he wouldn’t be commenting on the Federal Reserve’s interest rate policies and expressed confidence in the central bank Chair Jerome Powell, ...
Key Takeaways President Donald Trump's hardline border policies and campaign of deportations could have a significant effect ...