US EditionWeekly Mortgage Predictions: Rates Above 6.7% as Fed Weighs Economic Uncertainty
- The Federal Reserve is expected to keep interest rates steady amidst rising economic uncertainty due to new tariffs and recession fears, according to Brand and Allison.
- Consumer confidence has sharply declined, reflecting fears about future economic conditions, as noted by Greg McBride of Bankrate.com.
- New tariffs starting April 2 could push prices higher and slow growth, warns a report from the Organization for Economic Cooperation and Development.
- The White House has not ruled out a recession, and Democrats have criticized the administration's trade policies as harmful and reckless, according to Illinois Governor JB Pritzker.
30 Articles
30 Articles
US Fed expected to sit tight as Trump tariff fears buffet markets
WASHINGTON, United States — The US Federal Reserve is widely expected to extend its rate cut pause on Wednesday as it seeks to chart a path through the economic turbulence unleashed by President Donald Trump’s on-again, off- again approach to tariffs. Since taking office in January, the Trump administration has ramped up levies on top
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Federal Reserve meets this week amid economic uncertainty
WASHINGTON (NEXSTAR) -- Economic uncertainty could mean a pause in interest rate cuts. The Federal Reserve is meeting this week amid concerns about persistent inflation and the Trump administration's trade wars. The Fed is scheduled to meet Tuesday and Wednesday. Bankrate Financial Analyst Greg McBride says all indications are they'll keep interest rates steady for now because of economic uncertainty. "The Federal Reserve is going to stay firml…
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