The remarks came less than a week after the Fed cut interest rates. Federal Reserve Chair Jerome Powell warned a recent uptick of inflation, alongside a hiring slowdown, poses a "challenging situation ...

Several things happen on Fed Day--especially on the 4 out of 8 examples with updated rate forecasts from Fed members. The official announcement of a rate cut is typically the least important aspect.

The Federal Reserve marked down its 2025 interest rate outlook while keeping the following year's projection steady, with a softening labor market outweighing concerns about inflation re-accelerating, ...