Next Fed Chair in ‘No-Win Scenario’ as Selection Process Draws to a Close

The person picked to replace Jerome H. Powell will be thrust into a credibility problem that will be difficult to escape.

Fed rate cut brings lower credit card costs while mortgage relief lags

The Federal Reserve cut short-term interest rates for a third time in 2025. What's next for borrowers and consumers?
Public Broadcasting Service (PBS)

Chicago Fed president on the economy’s mixed signals

Inflation is showing fresh signs of cooling, ticking up 2.7% year-over-year, lower than many economists had expected. It ...
24/7 Wall St. on MSN

What Happens to Social Security’s Cost of Living Adjustment (COLA) If the Fed Leaves Rates the Same?

The Federal Reserve recently announced that it would be lowering its benchmark interest rate for the third time this year.

Fed officials remarkably divided over inflation outlook

Federal Reserve officials are remarkably divided about the inflation outlook and consequently whether interest rates should ...

The Fed's Silent Dissenters

While only two official dissenters opposed the December rate cut, dot plot projections reveal that six Fed members, including ...

Drop in CPI reduces Fed dilemma on rates

Headline annual CPI inflation fell unexpectedly to 2.7 per cent in November, down from 3 per cent in September and 3.1 per ...

Fed’s Goolsbee Praises ‘Good’ Inflation Report, Wants More Data

Federal Reserve Bank of Chicago President Austan Goolsbee lauded the November inflation report, which showed a cooling in ...