News

Fed's Nightmare: CPI Inflation In Core Services Worst In 6 Months, Pushing Core CPI To Worst In 6 Months; Some Goods Prices Fell, Others Rose

Year-over-year, used vehicle prices rose by 4.8%, the seventh month in a row of year-over-year increases, and the biggest one ...

Fed's current monetary policy stance is 'exactly where we want to be,' official says

Kansas City Federal Reserve President Jeffrey Schmid said he favors keeping interest rates at current levels to prevent ...

Key inflation rate shows biggest rise in 6 months, CPI shows, but Fed rate cut still appears in play

A key measure of consumer prices in July posted the biggest increase in six months, suggesting inflation is showing some ...
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Fed's Goolsbee backs central bank autonomy, questions tariffs

Federal Reserve Bank of Chicago President Austan Goolsbee said the Fed is not tied to Wall Street or political interests and ...

Fed’s Barkin Says Balance Between Jobs, Inflation Risks Unclear

Federal Reserve Bank of Richmond President Tom Barkin said uncertainty over the direction of the US economy is decreasing, ...

Chicago Fed's Goolsbee, Atlanta Fed's Bostic see case for patience before cutting interest rates

Two Fed officials on Wednesday suggested the central bank can be patient in lowering rates. Markets see a rate cut in ...

Inflation likely moved higher last month as tariffs bite, putting the Fed in bind

Consumer prices are forecast to have risen 2.8 percent in July from a year earlier, according to a survey of economists by ...

Stock market today: Dow, S&P 500, Nasdaq futures rise as Fed rate cut bets surge after inflation data

US stock futures wavered amid increasing expectations that the Federal Reserve will cut interest rates at its next meeting, ...