This week’s Consumer Price Index release showed the largest single-month increase in inflation since August 2023.
Because the economy is doing well, the Fed can take its time to decide when and whether to lower interest rates.
Tisco Economic Strategy Unit (ESU) expects the Federal Reserve to keep the US interest rate unchanged until mid-2025, dampening prospects for global stock markets, with banks the exception.Komsorn ...
“It now is 2 percentage points ... on their credit cards hit a 12-year high, according to third-quarter 2024 data released last week by the Federal Reserve Bank of Philadelphia.
The Federal Reserve's preferred inflation gauge showed prices rose as expected in December, and it remains above the central bank's target level amid its ongoing efforts to wrestle down inflation.
SALT LAKE CITY — A resolution will be introduced in the Utah State Legislature to allow the state to co-manage the "Mighty Five" national parks. Rep. Steve Eliason, R-Sandy, told FOX 13 News he ...
Former Federal Reserve adviser John Harold Rogers has been indicted on charges of economic espionage. Prosecutors allege Rogers shared confidential U.S. financial data with Chinese contacts posing ...
Fresh tariffs amid high inflation are making the Fed ... Seth Carpenter, a former Fed economist who is now at Morgan Stanley, forecasts the Fed to cut in March and June before going on an ...
The Fed right now is like a powerful player on a major sports team being held comfortably in reserve. But rest assured, its time is coming. On Wednesday, the Fed said that aside from the inflation ...
Now, with inflation still a political headache and his second term underway, Trump appears intent on making the Fed his scapegoat once again. The Fed, having raised rates aggressively to combat ...
Investing.com -- The bar for a March rate cut from the Federal Reserve now appears higher, Morgan Stanley (NYSE:MS) said, despite sticking with its call for March and June cut this year as the Fed ...