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According to the Bureau of Labor Statistics, headline CPI rose 0.2% month over month in April, faster than March's 0.1% ...
If both risks were to materialize, and inflation were to rise at the same time unemployment goes up, that would make it ...
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Fed Rate Cuts Are Now a Matter of If, Not Just Whenon their projection that the Fed would cut rates in June or that officials would make three cuts this year. Economists at Goldman Sachs and UBS now see two cuts starting in July and September ...
The Fed now expects core Personal Consumption Expenditures to be 2.5% at the end of next year. No surprise, the Federal Reserve (Fed) cut rates by 25 basis points at its December meeting.
The Fed now sees inflation remaining somewhat higher, with the federal funds rate now projected to end 2025 at 3.9%. That is a half point higher than the central bank forecast in September and the ...
The de-escalation drew an immediate thumbs up from Wall Street, as equity index futures jumped by nearly 2% on the resumption of trading on Tuesday evening.
In December, after the Federal Reserve signaled a more cautious approach to interest rates, the stock market had one of its worst days all year. The central bank has now done as expected—it left ...
Federal Reserve Bank of Atlanta President Raphael Bostic said he now sees just one interest-rate cut as likely this year, rather than two, with tariff hikes impeding progress on disinflation. “I ...
Now back in office, Mr. Trump has again begun berating Mr. Powell and the Fed, urging them to lower borrowing costs. But the economic circumstances today are drastically different from those of ...
For the last three years, the Federal Reserve has been fighting to bring inflation down. Now it has boldly moved to protect the second half of its dual mandate: to keep employment strong.
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