The Federal Reserve left interest rates unchanged and Jerome H. Powell, the central bank’s chair, said that gaining greater ...
The Federal Reserve said Wednesday it will hold interest rates at a 23-year high, making borrowing tougher for everything ...
The Fed's April Beige Book also revealed that central bankers had mixed outlooks on inflation, with some officials airing concerns over a resurgence in high prices. Price growth, meanwhile ...
all 19 Fed officials generally agreed that high inflation readings in January and February “had not increased their confidence” that inflation was falling steadily to their 2% target.
Federal Reserve officials raised concerns during their March policy-setting meeting that price pressures within the economy were heating up again, even before the government reported that ...
The Federal Reserve is likely to cut interest rates once this year in December, and if inflation remains sticky the central ...
April 8 (Reuters) - Americans’ outlook for inflation was mixed last month amid expectations for bigger price rises across a range of key goods and services, while worries about missing debt ...
Three months of poor inflation data “can’t be dismissed” and the U.S. central bank needs to wait and get more clarity before easing, said Chicago Fed President Austan Goolsbee on Friday.
Bowman also cited risks from spillovers from conflicts abroad as well as a recent loosening in financial conditions, which ...
OTTAWA—Senior Bank of Canada officials were divided on how soon ... although they agreed cuts should proceed gradually given the risk of inflation reaccelerating, according to a summary of ...
From grocery prices to those of housing, high costs have placed an enormous toll on consumers. Thus, it came as no surprise ...