In a speech March 7, Fed chair Jerome Powell gave some hint that the Fed needs to wait it out before cutting rates. U-M forecasters expect the next Fed ... drove the federal funds rate from ...

Slightly sticky inflation along with policy uncertainty is likely to postpone the next rate cut until June. We expect three total rate cuts in 2025, bringing the year-end fed-funds rate to 3.50%-3 ...

These are today's mortgage and refinance rates. Mortgage rates are up dramatically this week thanks to uncertainty around ...

Second, it aims to keep the economy operating at full employment, although it doesn't have an official target for the unemployment rate. The Fed adjusts the federal funds rate (overnight interest ...

That’s the same as its projection in December. The short-term fed funds rate, now at a median 4.4%, is seen moving down to 3.9% this year, 3.4% in 2026 and 3.1% by 2027.

At the end of its Federal Open Market Committee session on March 19, 2025, the Fed announced holding the federal funds target interest rate steady ... the year to review how the economy is going ...

Federal Reserve policymakers worry U.S. President Donald Trump's trade policy could deal a blow to economic growth, but are ...