News

"It will be difficult for policymakers to tease out one-off tariff effects from longer-lasting inflationary pressures." ...
"Despite this firmness, the tariff pass-through effect on consumer prices arguably has been less bad than expected so far." ...
Massive downward revisions in July's jobs report last week fueled concerns that the labor market is softening too quickly, ...
U.S. equity markets climbed to fresh record highs this week despite a jump in producer prices, but consumer inflation ...
This week's inflation data further complicates things for the Fed in terms of cutting interest rates. Read more here.
Trump and Wall Street want the Fed to lower the target policy interest rate and fuel more monetary inflation. If Trump gets ...
Chicago Federal Reserve Bank President Austan Goolsbee on Friday left the door open to supporting an interest-rate cut in ...
Inflation held steady in July and ran slightly cooler than expected, increasing the odds of a Federal Reserve rate cut next ...
"The hardest thing that the Fed ever has to do is get the timing right at moments of transition,” Goolsbee said on NBC News’ ...
A Federal Reserve interest rate cut in September, the first this year, followed perhaps by another before year-end remains ...
Goldman Sachs economists in a note estimated that consumers could soon bear up to 67% of tariff costs, up from 22%, thus ...
Federal Reserve policymakers will be debating whether stubborn inflation or slower hiring is the bigger problem for the ...