News

Inflation Rises, Narrowing Chances for a Fed Rate Cut
The core index that omits energy and food costs also rose by 0.3% in June, but the annual rate ticked up to 2.8% from 2.7% ...
Fed’s preferred inflation gauge ticks up as tariffs lift prices — casting cloud on September rate cut
The Federal Reserve’s preferred inflation gauge ticked up slightly in June as tariffs on imports started raising the cost of ...
Fed recap: Powell says no decision on September, must wait to see tariff impact on inflation
The central bank kept its target rate at a range of 4.25% to 4.50%, but two policymakers disagreed with the decision.
In a dissent not seen in three decades, two Fed governors wanted to cut interest rates and here is why
Federal Reserve Governors Bowman and Waller dissented from this week's decision to hold interest rates steady and explained ...
Kugler resigning from Fed, opening door to Trump appointment
The Federal Reserve said on Friday that Governor Adriana Kugler is resigning early from her term and will exit the central ...
Fed Won't Budge on Interest Rate Cut Despite Trump's Demand for Mortgage Relief
As was widely expected, Fed policymakers on Wednesday left the central bank's overnight rate unchanged at a range of 4.25% to ...
Did the Fed just royally screw up?
Last year, after the unemployment rate climbed quickly in a short period of time and there were similar calls that the central bank was too late to lower rates, the Fed stepped in with a bold, ...
Powell Cites Inflation Risk as Fed Holds Interest Rates Steady
Federal Reserve Chair Jerome Powell said interest rates are in the right place to manage continued uncertainty around tariffs ...