News
Inflation Rises, Narrowing Chances for a Fed Rate Cut
The core index that omits energy and food costs also rose by 0.3% in June, but the annual rate ticked up to 2.8% from 2.7% and slightly above forecasts. Personal spending rose by 0.3%, below the 0.4% forecast but still suggesting consumers are willing to continue shopping.
The central bank is expected to keep its target rate at a range of 4.25% to 4.50%, but traders want to see whether any Fed ...
In a challenge to the Fed's independence, Trump has spent months pressuring the central bank to lower rates. In July, he ...
The New Republic on MSN6hOpinion
Here’s Your Warning Sign: Inflation Just Spiked in Every Key Indicator
On the 2024 campaign trail, President Trump promised to “end inflation” and increase affordability, while touting economic ...
As widely expected, the Federal Reserve maintained its wait-and-see position, taking no interest rate action during the July ...
The central debate over monetary policy right now is whether America's economic waters are fundamentally calm or hazards just ...
Inflation remained stubbornly high in June, according to data released by the Commerce Department on Thursday, as President Donald Trump’s tariffs begin to ripple through the broader economy.
The chair acknowledged that if the Fed cut its rate too soon, inflation could move higher, and if it cut too late, then the ...
The Fed's rate-setting committee is scheduled to meet later this week as Trump continues to push for looser monetary policy.
U.S. Treasury yields held steady on Wednesday as investors keenly awaited the Federal Reserve's interest rate decision as well as a batch of economic data.
Some results have been hidden because they may be inaccessible to you
Show inaccessible results