Federal Reserve policymakers were still willing to raise rates if the economy surprised them, notes from their most recent meeting suggested. By Jeanna Smialek Jeanna Smialek covers economics and ...
Consumer price increases slowed notably in May, according to data released today, suggesting that inflation is easing again after proving stubborn earlier this year. Gasoline prices fell, car ...
The Federal Reserve kept its benchmark rate in a range of 5.25% to 5.5%, the same level where it's been parked since July ...
Federal Reserve officials grew more concerned at their most recent meeting about inflation, with members indicating that they lacked the confidence to move forward on interest rate reductions.
The Federal Reserve will announce its next interest rate decision on June 12. Here's what to expect — and what it means for ...
Prices rose 3.3 percent in the year through May, a deceleration in inflation that gives some relief to consumers. Federal ...
The Fed pared its forecast to 1 rate cut in 2024 despite Wednesday's CPI report which showed a further inflation slowdown.
The dollar gained some ground after weak U.S. retail sales data bolstered predictions of Federal Reserve rate cuts. Meanwhile ...
After Federal Reserve officials meet this week, a statement they will issue may suggest that they’ve seen meaningful progress ...
12 June: Market Remains Hopeful For Rate Cut Later This Year The US Federal Reserve has held interest rates in a target range between 5.25% and 5.5%, a 23-year high, as the world’s largest economy ...
Federal Reserve officials said Wednesday that inflation has fallen further toward their target level in recent months but signaled that they expect to cut their benchmark interest rate just once this ...