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US interest rates

  • Thursday, 29 May, 2025
    Trump tells Powell Fed is making a ‘mistake’ by not cutting rates

    Central bank chair meets president at White House to discuss economic expectations

    Federal Reserve chair Jay Powell with President Donald Trump in the background
  • Sunday, 25 May, 2025
    US economy
    How is the Fed reacting to Trump’s trade war?

    Market Questions is the FT’s guide to the week ahead

    The US Federal Reserve Building in Washington
  • Wednesday, 21 May, 2025
    ExplainerGlobal Economy
    Inflation and interest rates tracker: see how your country compares

    Inflationary pressures are beginning to wane. See how actions taken by your central bank affect you

  • Sunday, 18 May, 2025
    Special purpose acquisition companies
    Small banks fuel revival in blank-cheque Spac deals

    Boutique groups have rushed to fill the gap left by Wall Street heavyweights

    A monitor displays market information on the floor of the New York Stock Exchange
  • Friday, 16 May, 2025
    Federal Reserve
    Federal Reserve to slash staff by 10% over several years

    Chair Jay Powell says US central bank is seeking to ensure it is a ‘responsible steward of public resources’

    Jay Powell
  • Thursday, 15 May, 2025
    US inflation
    US producer prices tumble in April as tariffs squeeze profit margins

    Wholesale inflation falls, but economists warn businesses are yet to pass on the higher costs of trade levies

    A worker assembles a prototype electric vehicle
  • Tuesday, 13 May, 2025
    US inflation
    US inflation falls to 2.3% in April as tariff effect looms

    Economists caution that much of the impact of Trump’s levies is yet to be felt

    US CPI inflation chart
  • Sunday, 11 May, 2025
    Global Economy
    Are Trump’s tariffs already boosting US inflation? 

    Market Questions is the FT’s guide to the week ahead

    Audi vehicles for sale at a dealership in Los Angeles, California
  • Thursday, 8 May, 2025
    White House Watch
    Federal Reserve holds rates steady as it grapples with tariff uncertainty

    Monetary policymakers face increasingly difficult battle figuring out how, and when, to take action

    Federal Reserve chair Jay Powell
  • Thursday, 8 May, 2025
    UnhedgedRobert Armstrong
    The Fed digs in Premium content

    And making sense of Trump’s economic vision

    A montage of Jay Powell
  • Wednesday, 7 May, 2025
    Fed warns of rising economic risks as it holds rates steady

    Policymakers say inflation and unemployment could increase as Trump’s tariffs heighten uncertainty

    The Federal Reserve building in Washington
  • Friday, 25 April, 2025
    Federal Reserve
    Contender to succeed Jay Powell blames Fed for ‘systematic errors’

    Donald Trump ally Kevin Warsh says US central bank failed to contain worst inflationary bout in a generation

    Kevin Warsh
  • Thursday, 24 April, 2025
    US Treasury bonds
    Trump’s war with Fed threatens lasting damage to Treasuries, say investors

    Big investors warn of risks to world’s largest and most liquid bond market from US president’s attacks on central bank

    People walk in front of the US Treasury building in Washington
  • Wednesday, 23 April, 2025
    The FT ViewThe editorial board
    Trump and the art of the retreat

    Reputational damage to the Fed and US assets will not be easily reversed

    President Donald Trump flanked by Treasury secretary Scott Bessent to his right and commerce secretary Howard Lutnick to his left
  • Wednesday, 23 April, 2025
    Federal Reserve
    Trump says he has ‘no intention’ of firing Jay Powell

    Global stocks and dollar rise after US president eases pressure on Fed chair

    Donald Trump speaking, with an image of former US president Ronald Reagan in the background
  • Sunday, 20 April, 2025
    Federal Reserve
    Republican senator backs Powell over Trump attacks on Fed

    Banking committee member John Kennedy says US central bank ‘ought to be independent’

    A side view of Senator John Kennedy
  • Thursday, 17 April, 2025
    ExplainerJerome H. Powell
    Could Trump fire the Federal Reserve chair?

    Ninety-year-old precedent known as Humphrey’s Executor is crucial guardrail protecting US central bank’s independence

    Jay Powell
  • Thursday, 17 April, 2025
    Federal Reserve
    Trump ratchets up pressure on Fed chair Powell to cut rates

    US president lashes out at head of central bank, saying his ‘termination cannot come fast enough’

    Jay Powell speaks during a fireside chat at the Wilson Center in Washington
  • Thursday, 17 April, 2025
    Federal Reserve
    Trump’s tariffs put Fed’s jobs and inflation goals at risk, says Powell

    US central bank chair says ‘without price stability, we cannot achieve long periods of strong labour market conditions’

    Jay Powell speaks at a press conference behind a podium with the Federal Reserve emblem, gesturing with his hands. American flags and Federal Reserve banners are in the background.
  • Monday, 14 April, 2025
    Trump tariffs
    Top Fed official says US could require rate cuts if big tariffs return

    Governor Christopher Waller warns that should Trump resume steep duties growth will ‘slow to a crawl’

    Christopher Waller
  • Tuesday, 8 April, 2025
    US economy
    Powell’s tariff dilemma: defend the economy or contain inflation

    Donald Trump’s trade war has put the Federal Reserve in an awkward spot

    A montage showing Jay Powell and a stock trader in front of a blue background with the New York Stock Exchange building and a line chart
  • Friday, 4 April, 2025
    Global Economy
    Powell: In it until the bitter (?) end

    The Fed Chair says he plans to serve out his term

  • Friday, 4 April, 2025
    US inflation
    Inflation fears add to pressure on Fed

    Bets on surging import prices show concern that US economy is slowing sharply or even flirting with recession

    A montage of Jay Powell, the Federal Reserve logo and chart
  • Friday, 28 March, 2025
    US inflation
    US stocks tumble as consumer gloom raises stagflation fears

    Americans express rising alarm over economy and job prospects as Trump’s tariffs weigh on outlook

    A shopper carries Macy’s bags in the Union Square area
  • Wednesday, 26 March, 2025
    US inflation
    Top Fed official says market angst over inflation would be ‘red flag’

    Austan Goolsbee’s warning comes after survey shows consumers expect soaring price growth

    Austan Goolsbee speaks at an event
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