The central bank needs to see further progress on inflation or weakness in the labor market to resume interest rate cuts.
A spike in energy prices helped to lift the headline PCE price index in December. The combined cost of gasoline, electricity, ...
Federal Reserve Governor Michelle Bowman said she wants to see additional progress on inflation before the central bank ...
With the Fed pausing interest rates, prospective borrowers may be contemplating the short-term future of interest rates.
The price gauge used by the Federal Reserve to help set U.S. interest rates accelerated in December, pushing the bank further ...
Federal Reserve governor Michelle Bowman said she still expects declining inflation to allow further interest rate cuts this ...
Fresh tariffs amid high inflation are making the Fed’s job uniquely difficult and feeding uncertainty about what to expect ...
Federal Reserve Bank of Chicago President Austan Goolsbee praised the latest inflation data, adding it’s appropriate to lower interest rates as price growth slows.
U.S. prices increased in December while consumer spending surged, suggesting that the Federal Reserve could delay cutting ...
Fed kept its key interest rate on hold in a range between 4.25-4.5%, following three consecutive cuts. TD Asset Management's Scott Colbourne discusses the decision and market implications.
Policy changes: When the Fed adjusts the federal funds rate, it spills over into many aspects of the economy, including ...
Nonetheless, already there is a clash with President Trump, who believes interest rates are “far too high." On his Truth ...