News

There are risks now to both inflation and jobs goals

Fed's Musalem: There are risks now to both the inflation and jobs goals
The Federal Reserve now faces risks to both its inflation and jobs goals, with policymakers needing to balance which seems the more serious threat in deciding whether it is appropriate to reduce interest rates,
Fed’s Musalem Says Inflation Still a Bigger Problem Than Jobs
Federal Reserve Bank of St. Louis President Alberto Musalem said he supported last week’s decision by policymakers to leave interest rates steady, adding the US central bank is still missing more on the inflation side of its mandate.
Fed's Musalem sees downside risks to jobs market, upside risks to inflation
Federal Reserve Bank of St. Louis President Alberto Musalem said Friday he sees downside risks to the labor market -- in addition to upside risks to inflation -- as labor demand and supply both are slowing and tariffs are starting to lift prices.
Fed's Musalem Backs Keeping Interest Rates Unchanged, Says Officials Missing More On Inflation Than Jobs
According to a Bloomberg report, Musalem said that the central bank is not missing on its employment mandate, pointing to the labor market being close to full employment.
Musalem Says Fed Is Missing More on Inflation Side of Mandate
"Right now, the economy is such that we are missing on our inflation target," Federal Reserve Bank of St. Louis President Alberto Musalem says at an event in Itta Bena, Mississippi.
U.S. consumers' inflation expectations mostly higher in July: NY Fed survey
U.S. consumers in July raised their inflation expectations at the short and longer-term horizons but left medium-term ...
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 ...
Fed's preferred inflation gauge shows price increases accelerated in June amid tariff uncertainty
Thursday's release of June PCE data comes just one day after the Federal Reserve opted to hold interest rates steady at its ...
Fed official calls July jobs report 'concerning' as economy hits potential turning point
Fed Governor Lisa Cook said that the weak July jobs report and large downward revisions suggest the U.S. economy could be at ...
The Fed's Preferred Inflation Gauge Shows Rising Price Pressures
Inflation picked up in June, as measured by the Federal Reserve's preferred gauge, reflecting the continued price pressures ...
Key Inflation Measure Rose in June, Adding to Pressure on Fed
The price index was the latest indication that President Trump’s tariffs are beginning to show up in consumer prices.
Rate cuts could be weeks away. Here's how much history says stocks could rise as the Fed eases policy.
Markets are feeling confident the Fed will cut rates next month. History shows how that could be rocket fuel for stocks.
Trump made his MAGA Fed pick. His next choice will be far more consequential
President Donald Trump recently nominated one of his economic advisers to the Federal Reserve’s top ranks, but his next ...
Money.ca on MSN16h
Fed spending drove pandemic inflation: report
Pandemic relief, while necessary at the time, poured so much money into the economy that demand surged faster than supply ...
The Current Inflation Rate Is 2.7%. Here's How That Could Affect This Leading Retail Stock.
The Current Inflation Rate Is 2.7%. Here's How That Could Affect This Leading Retail Stock. Inflation may have cooled off ...