In a recent address at the Peterson Institute for International Economics in Washington, Federal Reserve Governor Christopher Waller expressed a cautious stance on the need for further rate hikes ...
The big question heading into today's Fed meeting is whether a majority of 19 officials pencil in two rate cuts this year, or ...
The April CPI data was a “welcome relief” but there needs to be a number of soft reports before the U.S. central bank should cut interest rates, Federal Reserve Gov. Christopher Waller said ...
The Fed’s favored core PCE price index, which excludes the volatile components of food and energy, jumped by 3.0% annualized in April from March (according to the Bureau of Economic Analysis today).
WASHINGTON — Federal Reserve officials said Wednesday that inflation has fallen further toward their target in recent months ...
WASHINGTONWASHINGTON — Hopes for interest rate cuts this year by the Federal Reserve are steadily fading, with a stream of recent remarks by Fed officials underscoring their intention to keep ...
Updated economic projections from Federal Reserve officials this week are expected to show fewer interest rate cuts than ...
The Fed, led by Chair Jerome Powell, raised its benchmark rate by 5 percentage points from March 2022 through June 2023 — the fastest such increase in four decades — to try to drive inflation ...