The Federal Reserve will meet later this month to make a decision on interest rates. But the latest inflation report is likely to make the central bank cautious about additional rate cuts.

The top economist at J.P. Morgan believes the Federal Reserve is done cutting interest rates and will hold policy steady through 2026, with the next move likely a hike in 2027. “We now expect the Fed to hold rates throughout 2026 with the next move to hike later in 2027,” wrote Michael Feroli, the bank’s chief US economist, in a client note.

"The threat of criminal charges is a consequence of the Federal Reserve setting interest rates based on our best assessment of what will serve the public, rather than following the preferences of the President,

U.S. prosecutors investigate whether Fed Chair Jerome Powell mischaracterized renovation details during Senate Banking Committee appearances.

The two banks announced the approval the night of Jan. 13. Comerica plans to fully rebrand as Fifth Third Bank later this year.

The Federal Reserve approved Fifth Third Bancorp’s acquisition of Comerica Inc., a key move from the regulator signing-off on one of the largest bank deals in 2025.

The Federal Reserve has several tools to manage the money supply and keep the economy running smoothly. Learn how the central bank sets monetary policy.