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.
Inflation finishes 2024 well above Fed’s 2% target, PCE shows. Rate cuts on hold.
The price gauge used by the Federal Reserve to help set U.S. interest rates accelerated in December, pushing the bank further ...
Fed’s Bowman Wants More Inflation Progress Before Cutting Rates
Federal Reserve Governor Michelle Bowman said she wants to see additional progress on inflation before the central bank ...
Traders bet Fed's next rate cut will wait until June
Traders on Friday kept bets that the Federal Reserve will wait until June to resume interest rate cuts, after government data showed inflation by the U.S. central bank's targeted measure ticked up to ...
US equity funds draw first weekly inflow in four weeks
U.S. equity funds attracted inflows for the first time in four weeks in the week through Jan. 29, spurred by hopes of ...
High Inflation Sows Debate About New Fed Playbook for Tariffs
Fresh tariffs amid high inflation are making the Fed’s job uniquely difficult and feeding uncertainty about what to expect ...
Kennebec Journal17h
Federal funding questions muddle Skowhegan athletic complex project
SKOWHEGAN — Between mixed signals from the Trump administration about federal funding and ongoing engineering costs, ...
bankingdive19h
Dive Deposits: Trump picks the most public moments to knock luminaries
The president bashed Jerome Powell on inflation less than two hours after the Fed chair announced interest rates would stay ...
Fed's wait-and-see approach likely won't be shaken by new GDP and inflation numbers
A new GDP report Thursday and the expectation of a sticky inflation reading Friday should reinforce the Federal Reserve’s new ...
Why Americans still can’t get cheaper mortgages, car loans or card balances after three Fed rate cuts
It takes time for the Fed’s decisions to filter through the economy — and then even more time for consumers to see the ...