Key Takeaways Core PCE inflation, the Fed's preferred gauge of consumer price increases, likely rose 2.9% in September, ...
There is only so much the Federal Reserve or its chair can do to lower mortgage rates through monetary policy.
Comments from a top U.S. Federal Reserve official on Friday that interest rates can fall "in the near term" boosted the ...
October jobs and inflation reports are canceled and November data are delayed until after the Fed's Dec. 9-10 meeting. What ...
Consumer prices increased 2.9% in August compared to the same time last year. That’s above the Federal Reserve’s 2% target. Inflation is rising as the job market is weakening. Inflation rose again ...
By Thursday, traders saw a rate cut as unlikely. The probability of a Fed cut had dropped to 39%, according to the CME Group’s FedWatch tool, which uses futures market pricing to gauge investors’ ...
Because the number of meetings has changed over time and the FOMC does not always have 12 voters, I have collated the annual ...
“Lowering interest rates to support the labor market risks prolonging this period of elevated inflation, and it could also ...
With economic data still trickling in and Fed sentiment split, December’s rate decision remains a moving target. Read more ...
The Federal Reserve's current dual mandate interpretation prioritizes employment over inflation, risking long-term credibility and failing to achieve its 2% inflation target. Recent policy shifts, ...
BENGALURU, Sept 4 (Reuters) - The Bank of Canada will remain in a holding pattern and likely follow the U.S. Federal Reserve's path of reviewing its current inflation-targeting framework to protect ...
President Trump has a list of five finalists to replace outgoing Fed Chair Jerome Powell. Here's a look at each one.