US inflation increased by the most in eight months in December amid a surge in consumer spending, suggesting the Federal Reserve would probably be in no hurry to resume cutting interest rates soon.
President Donald Trump has called for interest rates to come down and escalated his criticism of the Federal Reserve chair ... to respond to the data and the new administration's policies as ...
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 ...
Federal Reserve Governor Michelle Bowman said she wants ... target range,” Bowman said Friday in prepared remarks for the New England CEO Summit.
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.
A fresh reading from the Federal Reserve's preferred inflation gauge showed prices remained sticky in the final month of 2024, a new data point that likely reinforces a current wait-and-see ...
By Colby Smith Reporting from Washington High inflation is stoking fresh debate about how the Federal Reserve should respond ... Jeenah Moon for The New York Times Richard Clarida, the former ...
What’s remarkable is that the Federal Reserve hasn’t yet needed to get involved in any of them. Enjoy the calm while it lasts. I think it’s a good bet that what we are seeing is a rare ...
A former senior adviser to the Federal Reserve Board of Governors was arrested Friday and accused of leaking inside information from the Fed to the Chinese government over a period of several ...
The Indian rupee is likely to stay on the defensive on Thursday, after the U.S. Federal Reserve expectedly kept interest rates unchanged and Chair Jerome Powell said there would be no rush to cut ...
The Federal Reserve kicked off its second Trump era right where it left off: Doing exactly what it wanted to do, ignoring President Donald Trump’s demands that it lower rates. As you’d expect ...
After cutting interest rates by a cumulative percentage point in the last three meetings of 2024, the Federal Reserve is hitting ... reporter Vicky Ge Huang in New York. Send your tips ...
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