Long Island economy will depend on how uncertainties unfold. Foremost are the fiscal policies enacted by President Trump and the monetary policies of the federal reserve.

The Fed keeps rates unchanged, signals more hawkish stance on inflation and describes real economy as solid. See why I don't expect rate cuts in the coming months.

The Fed has decided to hold rates at 4.25–4.50%, signaling caution amid rising inflation, which could lead to fewer rate cuts in 2025. Read more here.

After a two-day meeting of its monetary policy committee in Washington, the Fed announced it would hold its rate target at 4.25% to 4.50%.

The Federal Reserve left interest rates unchanged Wednesday as it began a new wait-and-see policy stance amid a cloudy ...

The Federal Reserve left interest rates unchanged on January 29, and an interest rate cut is unlikely when the Fed issues its ...

The Federal Reserve expressed concern that inflation has not eased enough for it to continue lowering interest rates.

Hint: You might want to pay down your debts more aggressively.

Central bank policymakers, in a unanimous decision, paused monetary easing while noting that inflation remains above their 2% ...

The December CPI report showed that core inflation continued to moderate in key areas like goods, even as the headline ...

Inflation likely accelerated in December, putting pressure on the Federal Reserve to keep interest rates relatively high.

Knowing when to switch bank accounts can be stressful, especially as inflation rises. Find out how to know it's time to ...