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The Personal Consumption Expenditures Price Index (PCE), the Federal Reserve's preferred inflation metric over the past 25 years, came in hotter than expected recently and Wall Street wasn't pleased.
If that unusual phenomenon, known as "stagflation," occurs, it poses a problem for the Fed, which has a dual mandate to keep prices under control and unemployment low. The main tool that the Fed ...
The Federal Reserve will release fresh economic estimates on Wednesday. Here’s how to read the outlook for 2025 and beyond. By Colby Smith Federal Reserve officials are scheduled to release ...
Tariffs took center stage during the news conference with Jerome H. Powell, the Fed chair, on Wednesday. transcript The Trump administration’s tariffs most likely mean “further progress may be ...
Shares rose across the board Wednesday, extending gains later in the session after the Federal Reserve weighed in at the close of its two-day March meeting. The central bank left key interest ...
The Federal Reserve on Wednesday kept interest rates unchanged as central bank officials weigh the impact of President Donald Trump’s aggressive economic agenda. Wednesday’s decision ...
“It’s the first rule of journalism.” I’ve never forgotten that, and the same applies to central bankers, as the Federal Reserve’s Jerome Powell made clear when he repeatedly told the ...
Don’t expect the Federal Reserve to provide it. With the Fed expected to hold its key interest rate steady at the end of a two-day meeting Wednesday, the drama will center on the number of rate ...
The Federal Reserve said Wednesday it is keeping interest rates at current levels, but warned of uncertainty in the US economy. • Fed policymakers said they expect the economy to be weaker this ...
The Federal Reserve took a wait-and-see approach to an uncertain US economy Wednesday, opting to leave interest rates unchanged at the close of its March meeting. That decision leaves the ...
The Federal Reserve's policy-setting group is discussing progress on its fight against inflation and whether to make any monetary policy changes. The group is scheduled to release a statement with ...
Trump ramped up calls for the Fed to cut interest rates this week. Fed officials kept interest rates level after their latest meeting. Here's what to know about the president's relationship with ...
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