By law, the U.S. Federal Reserve has two primary mandates. First, it aims to keep the Consumer Price Index (CPI) measure of inflation rising at a rate of around 2% per year. Second, it aims to keep the economy operating at full employment,

Traders are actively assessing the likelihood of Federal Reserve interest rate cuts for the year. While the Fed will likely remain idle this month, more long-term forecasts indicate a 25% chance of two rate cuts,

Softer U.S. labor market conditions against the backdrop of trade-policy uncertainty have prompted Barclays to raise its expectations to two rate cuts by the Federal Reserve for the year from one.