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This week's inflation data further complicates things for the Fed in terms of cutting interest rates. Read more here.
Federal Reserve policymakers will be debating whether stubborn inflation or slower hiring is the bigger problem for the ...
"The hardest thing that the Fed ever has to do is get the timing right at moments of transition,” Goolsbee said on NBC News’ ...
Chicago Federal Reserve Bank President Austan Goolsbee on Friday left the door open to supporting an interest-rate cut in ...
Global stocks edged lower on Thursday, with equities on Wall Street ending flat, while U.S. Treasury yields rose after market ...
Inflation held steady in July and ran slightly cooler than expected, increasing the odds of a Federal Reserve rate cut next ...
Goldman Sachs economists in a note estimated that consumers could soon bear up to 67% of tariff costs, up from 22%, thus ...
The rate-sensitive U.S. 2 Year Treasury yield (US2Y) jumped up on Thursday, as it reacted sharply to the hotter-than-expected ...
Wholesale prices increased in July at the quickest pace since February, as economists are keeping a sharp eye on inflation ...
Fed's Goolsbee said he's more worried about inflation than weak job growth. His remarks suggest he may not support a September rate cut.
Sticky inflation be damned. Investors expect the Federal Reserve to cut interest rates by a quarter of a percentage point in ...
A jump in wholesale prices is likely to bolster concerns among Federal Reserve policymakers that rising inflation remains a ...