Fresh tariffs amid high inflation are making the Fed’s job uniquely difficult and feeding uncertainty about what to expect for interest rates this year.
If the leading opinion holds and the central bank cuts rates by 25 basis points on Friday, its first meeting of the new year, that would bring the benchmark down to its lowest level since August 2022. The monetary authority kicked off its rate-cutting cycle in late 2023, lowering the rate by 350 basis points so far.
Another bill that came out of House Republicans’ new Higher Education Committee, House Study Bill 51 would limit all annual tuition increases to 3 percent for in-state students at the University of Iowa, Iowa State University, and University of Northern Iowa.
With concerns over Trump’s funding freeze ongoing, colleges reliant on federal research grants are scrambling, Morehouse College President David Thomas said.
It takes time for the Fed’s decisions to filter through the economy — and then even more time for consumers to see the difference.
Since officials first cut rates in September, inflation has made uneven progress back down toward the central bank’s target. Meanwhile, investor expectations of inflation one and two y
WASHINGTON (Reuters) - U.S. consumer confidence weakened for a second straight month in January amid renewed concerns about the labor market and inflation.
Georgians voted in November to limit how much of a home’s increasing value can be taxed, but many school districts across the state are opting out of the cap
Oakland University is not within the national downward trend for tuition and fees, but they are ahead of the nation in other areas. Since 2015, lower division rates that apply to freshmen and sophomores with fewer than 56 credits, have gone from $383.75/credit to $528.75 in 2024 — an increase of 31.7%.
The index posted a 0.1% decline as the year ended, following an upwardly revised 0.4% gain in November. While components such as the rising stock market and credit conditions improved, weakness in building permits, consumer expectations and new business orders offset them.
The Washington County Board of Supervisors passed a resolution on Tuesday in opposition to a Virginia Senate bill that would control how localities govern energy projects such as solar farms.
The Federal Reserve kept its key interest rate unchanged as officials grappled with uncertainty caused by inflation and President Trump's plans.