Why 3 Fed dissenters say waiting to raise interest rates could make inflation harder to tame

The trio of dissenters at the Federal Reserve who backed an increase in interest rates this week contend high inflation could ...

The Fed’s preferred inflation gauge cooled in June. It might not last

The temporary truce in the war with Iran sent gas prices – and thus inflation – lower in June, providing some fuel for a ...

Fed's favored inflation gauge showed prices pulled back in June

The Fed's favored inflation gauge eased but remained elevated in June, with PCE inflation remaining well above the Fed's 2% ...
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3 Fed Officials Just Explained Their Rate Hike Vote: Is Inflation Winning?

Three Fed officials broke ranks on Wednesday. On Friday, they explained why they each wanted a rate hike. All you need to ...

Cooler PCE inflation data won't fix today’s mortgage rates

The June PCE inflation rate dropped to 3.7%, but mortgage rates are still inching toward 7%. Here's what the latest PCE data means for homebuyers.

Spooked investors demand clarity on Fed’s anti-inflation strategy

Fed chair Kevin Warsh has been outspoken about the need to bring inflation down. But his stinginess with details this week ...

Warsh’s Wall Street cred takes a hit as investors doubt the Fed chair’s inflation-fighting resolve

Kevin Warsh insists the Federal Reserve will do whatever it takes to reduce U.S. inflation to its 2% target, but investors ...

US economy grows at a sluggish 1.5% in second-quarter with inflation remaining stubbornly high

The U.S. economy expanded at a sluggish 1.5% pace from April through June as rising imports weighed on growth. But consumer ...