President Donald Trump did not call on the Federal Reserve to bring down rates last week, but said it had failed to bring down inflation. Trump said he would take bringing inflation down into his
The Fed needs to stay flexible in the face of policy uncertainty, even as price growth heads toward 2%. Plus, investment newsletter commentary on market breadth, Los Angeles’ recovery, consumer sentiment.
Bowman said on Friday she expects declining inflation to allow further interest rate cuts this year, but feels many factors could slow the process.
An inflation gauge closely watched by the Federal Reserve rose slightly last month, the latest sign that some consumer prices remain stubbornly elevated, even as inflation is cooling in fits and starts.
Markets focus on the core PCE inflation reading, which the Fed considers a more accurate representation of overall price pressures as it incorporates changes in consumer spending
The Federal Reserve opted to leave its benchmark interest rate unchanged in its first policy meeting since President Trump's inauguration.
Fresh tariffs amid high inflation are making the Fed’s job uniquely difficult and feeding uncertainty about what to expect for interest rates this year.
Friday's inflation report likely won't provide much comfort to borrowers with maturing commercial-real-estate loans. The Federal Reserve this week held rates steady at about 1% below peak levels, whil
U.S. prices increased in December while consumer spending surged, suggesting that the Federal Reserve could delay cutting interest rates for some time this year.
An inflation gauge closely watched by the Federal Reserve rose slightly last month, the latest sign that some consumer prices remain stubbornly elevated, even as inflation is cooling in fits and starts.
U.S. consumers spent more in December, saved less and pushed more debt to credit cards. The PCE index found consumers saving at a 3.8% rate, down from November’s 4.1%. A report