WASHINGTON (Reuters) - U.S. business activity picked up in March, but growing fears over import tariffs and deep government spending cuts continued to weigh on sentiment and prospects for the rest of the year. The survey from S&P Global on Monday also showed a measure of prices paid by businesses for inputs surging this month to the highest level in...

02:45 PM EDT, 03/24/2025 (MT Newswires) -- Atlanta Fed President Raphael Bostic (nonvoter) said in an interview with Bloomberg that the FOMC may only cut rates once in 2025 due to heightened uncertainty, rising inflation expectations and a bumpy outlook for the inflation path for this year. Recent comments of note: (March 21) New York Fed President John Williams (voter)...

WASHINGTON (Reuters) - Atlanta Federal Reserve President Raphael Bostic said he anticipates slower progress on inflation in coming months and as a result now sees the Fed cutting its benchmark interest rate only a quarter of a percentage point by the end of this year. With less progress on inflation and businesses expected to add the cost of coming tariffs...

WASHINGTON (Reuters) -President Donald Trump urged the Federal Reserve on Monday to lower interest rates after the U.S. central bank last week kept them unchanged. I'd like to see the Fed lower interest rates, Trump said during a meeting with his cabinet at the White House. ...