Expectations that the Fed cuts interest rates at their next meeting in June are very low, but the FOMC may affirm that cuts ...
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 ...
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 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).
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 ...
WASHINGTON — Federal Reserve officials said Wednesday that inflation has fallen further toward their target in recent months ...
WASHINGTON — Federal Reserve officials said Wednesday that inflation has fallen further toward their target in recent months but signaled that they expect to cut their benchmark interest rate ...