Fed Holds Interest Rates Steady, but Trump’s Tariffs Could Slow Inflation Progress

The Federal Reserve left interest rates unchanged on Wednesday for a second straight meeting. The March meeting was the central bank’s most direct acknowledgment to date that President Trump’s policies are set to have a real impact on the economy, stoking significant uncertainty about where inflation, growth and — ultimately — interest rates are headed. … Read more

Musk Donates to G.O.P. Members of Congress Who Support Impeaching Judges

Elon Musk has made the maximum allowable donation to Republican members of Congress who support impeaching federal judges who are impeding actions taken by President Trump, according to five people with knowledge of the matter. Mr. Musk has given the maximum hard-dollar donations he could to the campaigns of seven Republicans who have either endorsed … Read more

Federal Reserve Extends Pause on Rate Cuts

new video loaded: Federal Reserve Extends Pause on Rate Cuts transcript Back transcript Federal Reserve Extends Pause on Rate Cuts The Trump administration’s tariffs most likely mean “further progress may be delayed” on getting inflation back to the Federal Reserve’s 2 percent target, the central bank’s chair said. Labor market conditions are solid and inflation … Read more

Fed Holds Interest Rates Steady, but Trump’s Tariffs Could Slow Inflation Progress

The Federal Reserve left interest rates unchanged on Wednesday for a second straight meeting. The March meeting was the central bank’s most direct acknowledgment to date that President Trump’s policies are set to have a real impact on the economy, stoking significant uncertainty about where inflation, growth and — ultimately — interest rates are headed. … Read more

Risking Trump’s Ire, E.U. Accuses Apple and Google of Unfair Practices

European Union regulators on Wednesday ramped up their efforts to force Apple and Google to change key parts of their businesses, despite potential pushback from the Trump administration over the regulation of American tech companies. The European Commission, the executive branch of the 27-nation bloc, said Apple and Google had violated a law passed in … Read more

The Word Executives Are Using to Describe Trump’s Tariff Policy

President Trump has said that tariffs will bring a flood of revenue for the United States. But corporate executives are having trouble navigating the volume of tariff pronouncements and the president’s on-again, off-again approach to trade policy. Many are turning to the same metaphor: The situation, they say, is “fluid.” “The tariffs are very fluid … Read more

The Fed’s Projections: How to Read Them Like a Pro

Federal Reserve officials are scheduled to release their first set of economic projections this year, alongside their interest rate decision, on Wednesday. Those forecasts will offer a fresh glimpse of the trajectory for monetary policy at a highly uncertain moment for the central bank. Policymakers paused interest rate cuts in January after reducing borrowing costs … Read more