Inflation Eased Slightly in January, Fed’s Preferred Gauge Showed
The central bank’s preferred inflation measure, released on Friday, climbed 2.5 percent in January from a year earlier, slightly lower than the previous reading of 2.6 percent but still well above the Fed’s 2 percent target. On a monthly basis, prices increased 0.3 percent, in line with December’s pace.
The Federal Reserve is likely to resume cutting interest rates in June and could reduce short-term borrowing costs again in ...
The Fed is currently neutral on interest rates but could resume cuts later this year. If you're house hunting, here's how ...
As President Donald Trump lashes out at government agencies across Washington, one of his favorite first-term targets – the ...
No change in interest rates is expected when the Federal Open Market Committee is scheduled to set rates again on March 19.
Federal Reserve Vice Chairman Philip Jefferson said on Wednesday the U.S. central bank has time to weigh its next monetary ...
Minutes from the Federal Open Market Committee’s Jan. 28-29 meeting will be released Wednesday afternoon at 2 p.m. Eastern ...
Barkin said he understands that the fight against inflation has been long, but that “it is critical that we remain steadfast.
The Federal Reserve sets the federal funds target rate, also known as the fed funds rate, which is the interest rate at which commercial banks lend to each other overnight. Below, CNBC ...
Federal Reserve officials at a meeting last month pointed to rising risks that inflation could worsen, a key reason they kept ...
Schmid, a voting member of the Fed’s interest-rate committee this year, pointed to two lasting lessons from history.
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