US President Donald Trump is getting his wish that interest rates drop across the world, just not at home, where a strong economy and uncertainty over his own policies have set the stage for the ...
The accompanying policy statement did not include the reference to inflation having made progress toward the Fed's 2% target. No rate cut is expected before June ...
The core index, one that strips volatile food and energy costs and is used by the Fed in setting interest rates, rose 0.2% in December and 2.8% annually, unchanged from November.
U.S. prices increased in December while consumer spending surged, suggesting that the Federal Reserve could delay cutting ...
The central bank needs to see further progress on inflation or weakness in the labor market to resume interest rate cuts.
Fed Chairman Jerome Powell said earlier this week he expects inflation to turn lower again, but he did not say when he expected it to happen. The most recent Fed forecast shows PCE inflation ending ...
Federal Reserve governor Michelle Bowman said she still expects declining inflation to allow further interest rate cuts this ...
Despite the pause this month, the Fed is still expected to resume rate cuts later this year, aiming to hit 2.5% or lower by ...
These illustrated market experiences are quite different than what most folks believe happens when the Fed lowers rates.
Policy changes: When the Fed adjusts the federal funds rate, it spills over into many aspects of the economy, including ...
Tax season is here. That means gathering documents, choosing how to file and, if you're fortunate enough to earn a tax refund ...