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 ...
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Federal funding questions muddle Skowhegan athletic complex project
SKOWHEGAN — Between mixed signals from the Trump administration about federal funding and ongoing engineering costs, ...
Fed Stands Pat on Rates, Entering New Wait-and-See Phase
Fed Chair Jerome Powell says, “We do not need to be in a hurry to adjust our policy stance.” ...
The economy grew 2.3% in the fourth quarter. What it could mean for Fed rate cuts
The U.S. economy grew 2.3% in the fourth quarter as consumers again powered gains. Here's what the showing could mean for Fed ...
Fed Stands Pat, Entering New Wait-and-See Phase; ECB Rate Decision in Focus
Fed Stands Pat, Entering New Wait-and-See Phase; ECB Rate Decision in Focus By Vicky Ge Huang After cutting interest rates by a cumulative percentage point in the last three meetings of 2024, the ...
Powell takes wait and see approach on interest rates — drawing angry response from Trump
There is so much uncertainty over potential tariffs and fiscal policy that “keeping things steady looks like the prudent move ...
The Upcoming Showdown at the Fed, and Making Cents Out of Eliminating the Penny
Plus, DOGE, led by Elon Musk, says it's time to stop printing the Penny, but those cents come with billions of dollars worth ...