The U.S. central bank's benchmark policy rate should stay restrictive until it is more certain that inflation is returning to ...
After being a significant problem in 2022 and then coming into considerable control in 2023, inflation this year settled into ...
Richmond Fed President Tom Barkin said Friday his outlook for the economy is positive, with continued growth and price-sensitive consumers helping lower inflation. But he quickly added that there is a ...
The Federal Reserve cut interest rates by 0.25% on December 18 but an interest rate cut is unlikely when the Fed issues its ...
Federal Reserve Bank of Richmond President Tom Barkin said he believes the central bank’s current level of interest rates ...
Federal Reserve Chair Jerome Powell has steered the world’s most powerful central bank during a tumultuous period for the US ...
He wouldn’t say who, but he suggested that some Fed officials indicated they believe that Trump’s fiscal policies could lead ...
Federal Reserve Bank of Richmond President Tom Barkin judged that interest rates remain sufficiently restrictive to further ...
The Federal Reserve did what many thought it couldn’t achieve in 2024, and yet in one respect it still ended the year the way ...
The Federal Reserve’s preferred inflation gauge moved slightly higher in November — but not as much as economists were ...
Yuki Iwamura / Bloomberg / Getty Images Financial markets widely expect Fed officials to boost the economy with a rate cut in December, despite indications that inflation has stayed stubborn ...
Core inflation -- a closely watched measure that strips out volatile food and energy prices -- increased 3.3% over the year ...