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The Fed will update its rate projections Wednesday. What to expect newsthirst.

U.S. Federal Reserve Chair Jerome Powell testifies before a Senate Banking, Housing and Urban Affairs Committee hearing on “The Semiannual Monetary Policy Report to the Congress,” at Capitol Hill in Washington, U.S., Feb. 11, 2025.  Craig Hudson | Reuters Federal Reserve officials at this week’s meeting are expected to hold interest rates steady but adjust…

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Trump could scale back Canada, Mexico tariffs Wednesday, Lutnick says newsthirst.

President Donald Trump will “probably” announce tariff compromise deals with Canada and Mexico soon, Commerce Secretary Howard Lutnick said Tuesday. The potential agreements would likely involve scaling back at least part of Trump’s brand new 25% tariffs on imports from Mexico and Canada, he added. Lutnick’s comments came minutes after the U.S. stock market limped…

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