The Fed’s Preferred Inflation Measure Ticked Up Slightly in December
The central bank needs to see further progress on inflation or weakness in the labor market to resume interest rate cuts.
PCE Report Shows Fed's Favorite Inflation Measure Accelerated In December
The Federal Reserve's preferred measure of inflation picked up in December, pushing the central bank's goal of a 2% annual rate farther into the distance.
The Fed Is Sitting on the Sidelines, but for How Long?
The relative calm in the markets may not survive upheaval in the A.I. sector and a deluge of disruptive Trump policies, our ...
Three Reasons Why The Fed Should Get Rid Of The Dot Plot
While it was created with good intentions 13 years ago, the Federal Open Market Committee’s dot plot does not serve its ...
Observer15d
The Federal Reserve’s Annual Bank Stress Tests Come Under Stress
Federal Reserve Chairman Jerome Powell will likely serve the remainder of his term under the Trump administration through May 2026. AFP via Getty Images The plaintiffs allege that the Fed has been ...
Reuters15d
Fed should stay independent, Trump's pick for US Treasury Secty says
Jan 16 (Reuters) - The Federal Reserve should stay independent, Trump's pick to be U.S. Treasury Secretary told a Senate panel on Thursday. "I think on monetary policy decisions, the FOMC should ...
Forbes21d
Federal Reserve Ends 2024 With Another Interest Rate Cut
Commissions do not affect our editors' opinions or evaluations. The Federal Reserve concluded 2024 with a quarter-point interest rate cut, bringing the target federal funds rate down to a range of ...
CNBC22d
Understanding the federal funds rate: What it is and how it affects your wallet
The Federal Reserve sets the federal funds target rate, also known as the fed funds rate, which is the interest rate at which commercial banks lend to each other overnight. Below, CNBC Select ...
NBC News26d
Schiff says the federal justice system ‘let down the country’ with slow Trump trials: Full interview
Sen. Adam Schiff (D-Calif.) joins Meet the Press to discuss President-elect Trump’s plan to pardon people involved in January 6th, Trump’s upcoming court sentencing, and Schiff’s view of ...
Australian Broadcasting Corporation28d
Interest rates, exporters and Reserve Bank intervention: There's a lot at stake as the Australian dollar weakens
Is the Reserve Bank close to stepping into the currency market to support the Australian dollar and, if so, what does this mean for millions of Australians? While it's a rare event, it's been done ...
The Globe and Mail28d
U.S. Federal Reserve will increasingly find itself in the crosshairs of president-elect Trump
U.S. president-elect Donald Trump says he has no plans to fire Federal Reserve chair Jerome Powell. But that doesn’t mean he isn’t girding for a fight. Strong economic growth and stubborn ...
Associated Press28d
Average rate on a 30-year U.S. mortgage hits 6.91%, according to Freddie Mac, the highest since July
Interest rates have been climbing since the Federal Reserve signaled last month that it expects to raise its benchmark rate just twice this year, down from the four cuts it forecast in September.