Fed, inflation
NY Fed’s John Williams says 2% inflation target is ‘critical’ for monetary policy
New York Federal Reserve Bank President John Williams underscored the importance of the U.S. central bank's 2% inflation target on Friday, calling the Fed's preferred policy tool an essential element in achieving price stability and economic prosperity.
Fed's Williams: Inflation target 'critical' for achieving stable prices
New York Federal Reserve Bank President John Williams on Friday said he believes the U.S. central bank's 2% target for inflation is "critical" to its efforts to achieve price stability.
Federal Reserve says interest rates will stay at two-decade high until inflation further cools
The Federal Reserve emphasized that inflation has remained stubbornly high and said it doesn’t plan to cut interest rates until it has “greater confidence” that price increases are slowing sustainably
Fed's Williams says 2% inflation target 'critical'
The U.S. central bank's 2% target for inflation is key to achieving price stability and essential for ensuring economic prosperity, New York Federal Reserve Bank President John Williams said on Friday.
Federal Reserve's Bowman says inflation to remain elevated for 'some time'
Bowman, the first Fed official to speak since Chair Jerome Powell's remarks Wednesday, said recent inflation data suggest the low readings seen at the end of 2023 appear to have been temporary.
Credit cards are the ‘financing of last resort’ for older adults as inflation persists
As inflationary pressures leave older adults with little wiggle room to pay for everyday items and cover emergency costs, ...
Fed leaves rates unchanged, flags 'lack of further progress' on inflation
The U.S. Federal Reserve held interest rates steady on Wednesday and signaled it is still leaning towards eventual reductions ...
Fed Holds Rates Steady, Noting Lack of Progress on Inflation
The Federal Reserve left interest rates unchanged for a sixth straight meeting and suggested that rates would stay high for ...
Gold is overvalued now and won’t help you beat inflation in coming years
Recently, gold’s fortunes have changed. The yellow metal has shattered its previous all-time high, soaring above $2,400 an ...
Fed Says Inflation Progress Has Stalled and Extends Wait-and-See Rate Stance
U.S. central bank officials also approved a plan to slow the continuing reduction of their $7.4 trillion asset portfolio.
Why fast-food price increases have surpassed overall inflation
Fast food has become increasingly expensive — and some consumers are changing their spending habits because of it.
Thai Inflation Turns Positive for First Time in Seven Months
Thailand’s inflation turned positive for the first time in seven months after the government allowed oil retailers to raise ...
White House counts jobs report as a win, though inflation path – and interest rate cuts – far from certain ahead of November
The creation of 175,000 jobs in April by US employers has been termed a “Goldilocks” report by leading economists: Creating ...