
Sarah Foster
Federal Reserve and Economy Reporter at Bankrate
Federal Reserve and economy reporter @Bankrate. Previously @business & @chicagotribune. @MedillSchool & @illinois_alma. ✉️: [email protected]
Articles
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2 weeks ago |
bankrate.com | Sarah Foster |Chris Kahn
If the Federal Reserve cuts interest rates this year, don’t bank on it curing your borrowing woes. As panic over President Donald Trump’s massive “Liberation Day” tariffs swept across global financial markets, traders started upping their bets that U.S. central bankers might soon cut interest rates.
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1 month ago |
bankrate.com | Sarah Foster |Brian Beers
The Federal Reserve left interest rates unchanged at its March meeting, choosing to take a careful approach with how it steers the U.S. economy over growing worries that President Donald Trump’s policies could push up both inflation and unemployment.
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1 month ago |
abc6onyourside.com | Sarah Foster
The Fed skips another rate cut despite growing recession fears and steep market sell-offby Sarah FosterWed, March 19th 2025 at 2:41 PMBloomberg / Contributor / Getty Images
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1 month ago |
bankrate.com | Sarah Foster |Chris Kahn
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1 month ago |
bankrate.com | Sarah Foster |Chris Kahn
Trump’s tariffs could lead to higher prices and supply shortages, potentially threatening the global economy. Not all tariff threats, however, may come to fruition. To navigate these potential financial challenges, experts advise against impulse buying or ‘panic purchases,’ planning ahead for big-ticket purchases and ‘stress testing’ your finances.
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Asked about a potential pause on tariffs, Trump says, "We're not looking at that." "We're going to have one shot at this, and no other president is going to do this, what I'm doing," he adds. "I'll tell you what, it's an honor to do it." https://t.co/OOtXZ8yDRz

Two weeks ago, Wall Street analysts expected slower, but still solid, growth. Now, as tariffs whipsaw financial markets and roil business/consumer confidence, analysts are ramping up their recession calls. Some even say it's their base case. Read more: https://t.co/qBovCQXv1d

RT @NickTimiraos: Powell starts talking about the May FOMC meeting and then adds: "It feels like we don’t need to be in a hurry." This is F…