With persistent inflation and a resilient economy, economists are expecting the Federal Reserve to take a more hawkish tone ...
A second possibility is that inflation, rather than on a “bumpy" path to 2%, is getting stuck at a level closer to 3%.
US policymakers are widely expected to hold rates steady at a more than two-decade high this week, so much of the focus will ...
Despite hot inflation data, earnings reinforced the promise of artificial intelligence. This week is packed with earnings, ...
Price pressures are just not going away, with rising home values and rents a big part of the problem. That has big ...
Fed policymakers have said since the start of the year that rate cuts are contingent on gaining "greater confidence" that ...
The Federal Reserve’s benchmark interest rate is in a “good place,” moving inflation down, and there is no need to rush to ...
While the nation's inflation rate rose to 3.5% in March, some states are seeing higher-than-average inflation due to higher ...
Fed presidents say a rate cut might happen this September, or maybe not. At the IMF meeting, other finance chiefs try to keep ...
They think it’s a bumpy road still.” Powell’s colleagues on the Federal Open Market Committee (FOMC) see no urgency to lower ...
Powell at the time said disappointing inflation data in January and February "haven't really changed the overall story, which ...
The debate for the Federal Reserve is beginning to shift from how many times to cut interest rates this year to whether to ...