Boston Fed's Collins: The bar for cutting rates further is 'relatively high,' sees holding for 'some time'
Boston Fed president Susan Collins said Wednesday that while she supported cutting interest rates at the last policy meeting, the bar for cutting rates further is “relatively high” and she sees ...
4 Fed officials strike hawkish tone on rate cuts, citing inflation concerns
Kansas City Federal Reserve president Jeff Schmid said Friday he preferred to hold interest rates steady at this week’s ...
WH says there will be no October CPI or jobs report: Fed impact
White House press secretary Karoline Leavitt confirmed there will be no jobs report or Consumer Price Index (CPI) for October ...
Inflation Remains Challenging, Powell Says
Powell said that estimates indicate the Fed’s preferred inflation gauge, the personal consumption expenditures price index, rose 2.8% over the 12 months ending in September. Core PCE prices rose 2.8% ...
Atlanta Fed president Bostic to retire in February
Atlanta Federal Reserve president Raphael Bostic announced Wednesday that he will retire at the end of February when his ...
Washington Examiner
Inflation ticked up to 2.6% in June in Fed’s preferred gauge
Inflation rose three-tenths of a percentage point to 2.6% for the year ending in June, the Bureau of Labor Statistics reported Thursday in an update to the Federal Reserve’s preferred gauge.
WSPA
Fed’s favored inflation gauge accelerates slightly in August
WASHINGTON (AP) — The Federal Reserve’s favored inflation gauge accelerated slightly in August from a year earlier. The Commerce Department reported Friday that its personal consumption expenditures ...
The Fed’s Recent Rate Decisions Have Been Divisive. It Is Likely to Get Worse.
The last three policy votes have featured some form of dissent, as officials grapple with how to weigh a softening labor ...
‘Strongly differing views’: Divided Fed cuts rates but signals future moves are in doubt
"What do you do if you’re driving in the fog?" Fed Chair Jerome Powell said of the lack of data during the government ...
Benzinga.com
Fed Has Green Light To Cut Rates After Soft Inflation, Economists Say
A wide range of economists say the Federal Reserve now has the green light to cut interest rates, following a cooler-than-expected inflation report that suggests price pressures are easing — and that ...
Finance & Commerce
Fed cuts interest rate again amid slow hiring, high inflation
WASHINGTON — The Federal Reserve cut its key interest rate Wednesday for a second time this year as it seeks to shore up economic growth and hiring even as inflation stays elevated. “Job gains have ...
Reuters
Fed's Goolsbee says inflation is on track to central bank's 2% goal
Dec 1 (Reuters) - Chicago Federal Reserve President Austan Goolsbee said on Friday he believes inflation is "on track" to reaching the U.S. central bank's 2% target, driven in coming months by what he ...