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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1 week ago |
bankrate.com | Sarah Foster |Chris Kahn
The Federal Reserve voted on Wednesday to keep interest rates steady for the third consecutive meeting, a decision that signals officials are more concerned about inflation than the possibility of a recession. The decision means the key interest rate that influences how much you pay to borrow money — from credit cards and auto loans to home equity lines of credit (HELOCs) and adjustable-rate mortgages — will continue to hold near a decade-plus high.
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1 week ago |
bankrate.com | Sarah Foster |Chris Kahn |Greg McBride |Karen Bennett
Fearing higher inflation from tariffs, the FOMC is likely to keep rate cuts on holdRecession fears are rising, consumer sentiment is plummeting, and markets over the past few weeks have been bumpy. You might be wondering: Why is everyone saying the Fed won’t cut interest rates today? I’m Sarah Foster, Bankrate’s U.S. economy and Federal Reserve reporter.
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3 weeks ago |
bankrate.com | Sarah Foster |Chris Kahn
During his four-year term as vice chair of the Federal Reserve, Richard Clarida quickly noticed a trend when it came to President Donald Trump’s comments on monetary policy.
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1 month 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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Powell tried to reassure Americans last week that the economy looks solid despite souring consumer sentiment. Yet, many people tell us they're already cutting back on spending. Could it be that economic weakness just hasn't showed up in the data yet? https://t.co/HK3bpczu4U
As expected, no rate cut today. But Fed officials' warning about the outlook was pretty direct. From the post-meeting statement: The FOMC "judges that the risks of higher unemployment and higher inflation have risen." https://t.co/fsXo7bRfdx
Can we take a moment to appreciate the fact that it's both the first day of the conclave AND Fed Day?! https://t.co/UIKaeOQ8C9 https://t.co/XGGCYsdZAe
