Trump actions against federal employees pushed them to the forefront of resistance against his aggressive moves to shrink ...
The Federal Reserve’s large pile of paper losses isn’t going away anytime soon, especially with inflation concerns back on ...
Because the economy is doing well, the Fed can take its time to decide when and whether to lower interest rates.
Federal Reserve Chair Jerome Powell said he views proposals to "audit the Fed" floated by Elon Musk and others last week as a ...
With the White House and Elon Musk’s DOGE working to dismantle the government, civil service employees are finding ways to ...
Federal Reserve Chair Jerome Powell will tell the Senate banking committee the Fed isn't "in a hurry" to resume its interest rate cutting campaign.
The Fed’s preferred inflation gauge advanced 0.3%%. That was the biggest monthyly gain in eight months. AFP via Getty Images The policy statement accompanying the decision did not include the ...
Powell sent a clear message this week that central bankers were in no rush to lower rates, with Fed officials opting to pause rate cuts in the first policy meeting of the year. That seemed to defy ...
“But their effect on the economy is likely to take a bit more time.” The path to the Fed’s 2% inflation target was expected to be long and bumpy, and it has been a little choppy the past ...
On a Y/Y basis, core PCE, which excludes food and energy, increased 2.8% Y/Y, matching the 2.8% consensus and +2.8% prior and remaining stubbornly above the Fed's 2% inflation goal. Data such as ...
Fed’s Bowman Wants More Inflation Progress Before Cutting Rates Fed stance provides time to gain clarity on Trump’s policies She prefers a cautious, gradual approach to adjusting policy ...