News

Treasury Yields Slide Before CPI as Fed Cut Speculation Grows
Treasury yields slipped as investors brace for a key reading of US inflation that may bolster the case for the Federal ...
Inflation in focus as Fed rate cut debate heats up: What to watch this week
A fresh reading on inflation will greet investors as stocks have surged back to record highs despite fears of rising price ...
Inflation Up or Down? What About Jobs? The Agency That Should Know Is on the Rocks
Trump’s firing of the Bureau of Labor Statistics’ leader compounds a yearslong struggle to modernize methods and maintain ...
Ask an Economist: Between Inflation and Tariffs, Is America Headed for an Economic Downturn?
Trump’s sweeping tariffs may be driving inflation and recession fears. Here’s what economists have to say about it and what ...
Americans could soon face higher inflation as businesses pass along tariff costs, Fed official says
Prices could tick higher in 2025 as businesses pass tariff costs on to consumers, Cleveland Fed's Beth Hammack tells CBS News.
US Fed's Bowman: Latest jobs data stiffens support for three rate cuts in 2025
The Federal Reserve's vice chair of supervision, Michelle Bowman, on Saturday said recent weak job data underscores her ...
Bad news for US shoppers: The cost of everything from laptops to cars is likely to keep rising
US consumers are facing rising costs due to new import tariffs. Importers and foreign exporters have absorbed most costs so far, with American firms bearing the brunt. But consumers may absorb 67% of ...
The Fed’s preferred measure of inflation is running hot, buoyed by tariffs
Inflation remained stubbornly high in June, according to data released by the Commerce Department on Thursday, as President ...
Mortgage Interest Rates Today: Mortgage Rates Drop to Four-Month Low as Pressure Mounts on Fed
The average rate on 30-year fixed home loans registered 6.63% for the week ending Aug. 7, down from 6.72% last week.
Markets now betting Fed will cut rates in September after disappointing jobs report
The probability of a Federal Reserve rate cut in September jumped dramatically following weak employment data, with market ...
Fed Gov. Bowman wants three interest rate cuts in 2025
The Federal Reserve has not approved an interest rate cut since before the Nov. 5 election, but one of its governors said she ...
Fed’s Kugler Says Tariff-Driven Inflation Should Leave the Fed on Pause
Federal Reserve governor Adriana Kugler said the Fed should hold interest rates steady for a while to come, because new trade barriers are likely to spark more inflation in the months ahead. Speaking ...