News

Fed’s Waller Outlines Path to Rate Cuts Later This Year
Federal Reserve Governor Christopher Waller said he continues to see a path to interest-rate cuts later this year amid his ...
Gold rallies as weak U.S. data reinforce bets on Fed rate cuts
Gold rallied after weaker-than-expected United States economic data reinforced speculation that the Federal Reserve will cut ...
Fed's Waller still open to cutting interest rates later this year
By Michael S. Derby (Reuters) -Federal Reserve Governor Christopher Waller said Sunday that interest rate cuts remain ...
Trump presses Powell on rates after fewest private-sector jobs generated in 2 years
President Trump on Wednesday reiterated calls for Federal Reserve Chair Jerome Powell to lower interest rates, leaning on data that found May saw the fewest private sector jobs added than any ...
Fed minutes: Uncertainty 'elevated' as risks of higher inflation and unemployment rise
Federal Reserve officials agreed earlier this month to hold off on any interest-rate moves while they evaluated the impact of ...
Fed ‘Beige Book' economic report cites declining growth, rising prices and slow hiring
In New York specifically, the Fed found "heightened uncertainty" and input prices that "grew strongly with tariff-inducted cost increases. Richmond reported a slight increase in hiring despite Trump's ...
Fed set to hold rates steady despite 'as good as it gets' inflation print
A cooler inflation reading from the month when President Trump's tariffs went full blast likely won't shake the Federal ...
NY Fed Survey: Last Month Most Firms Passed on Some of Tariff Surge
NEW YORK -The majority of businesses in the New York Federal Reserve’s district said they passed on at least some of ...
The Fed’s Targeted Inflation Rate Eased in April
The Fed’s preferred gauge of consumer prices ticked up just slightly in April, a modest increase that lowered the 12-month ...
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Mortgage Rate Predictions: The Trump Effect Is Stalling the Housing Market
"At this critical stage of the housing market, it is all about mortgage rates," said Lawrence Yun, NAR chief economist, in a ...