Articles
-
1 week ago |
eu.northjersey.com | Paul Davidson |Bailey Schulz |Andrea Riquier |Rachel Barber
WASHINGTON – The Federal Reserve held interest rates steady again Wednesday and kept its forecast for two cuts this year as officials struggled to balance the dual hazards of President Donald Trump’s sweeping tariffs - higher inflation and a weaker economy. The decision leaves the Fed’s benchmark short-term rate at a range of 4.25% to 4.5% for a fourth straight meeting.
-
1 month ago |
sg.finance.yahoo.com | Paul Davidson |Bailey Schulz |Rachel Barber |Andrea Riquier |Medora Lee
“We are going to need to see how this evolves. There are cases in which it would be appropriate for us to cut rates this year. There are cases in which it wouldn't. And we just don’t know until we know more about how this is going to settle out and what the economic implications are for employment and for inflation,” he said.
-
1 month ago |
greatfallstribune.com | Paul Davidson |Bailey Schulz |Rachel Barber |Andrea Riquier |Medora Lee
Paul Davidson Bailey Schulz Rachel Barber Andrea Riquier Medora LeeUSA TODAYWASHINGTON – The Federal Reserve is still firmly in wait-and-see mode. The Fed left its key interest rate unchanged again Wednesday and gave no hint it plans to lower it soon as President Donald Trump’s sweeping tariffs raise the risks of both another inflation spike and recession. But officials signaled they're growing increasingly concerned about both hazards.
-
Mar 14, 2025 |
yahoo.com | Rachel Barber |Mary Ann Koruth |Margie Cullen
President Donald Trump's administration is cutting about half of the U.S. Education Department’s workforce, including cuts in divisions that oversee federal student loans, according to administration officials Tuesday. The Education Department, among other things, oversees federal student loans held by nearly 43 million people, or one in six American adults, according to the Congressional Research Service.
-
Mar 14, 2025 |
telegram.com | Rachel Barber |Mary Ann Koruth |Margie Cullen
Rachel Barber Mary Ann Koruth Margie CullenUSA TODAY NETWORKThe Trump administration is cutting about half of the U.S. Education Department’s workforce, including cuts in divisions that oversee federal student loans. There are over 900,000 student borrowers with $32.1 billion in student loan debt in Massachusetts. Education Secretary Linda McMahon said that the agency will continue to deliver funding mandated by law, which includes federal student loans.
Try JournoFinder For Free
Search and contact over 1M+ journalist profiles, browse 100M+ articles, and unlock powerful PR tools.
Start Your 7-Day Free Trial →