The Fed acted after Trump mandated a governmentwide hiring freeze, ordering that no federal position vacant at that time could be filled and no new positions created. "The Fed has historically ...
U.S. stocks are slumping Friday amid worries about higher inflation and tariffs, while a closely watched report gave a mixed picture of the U.S. job market. The S&P 500 was down 0.9% and on track to ...
This week’s forthcoming Consumer Price Index report could show easing year-on-year inflation, increasing the potential for Fed interest rate cuts in May or June 2025.