Consumer price inflation reared its ugly head to start the year, dashing hopes for the Fed to lower borrowing costs anytime soon.
Inflation picked up for a fourth straight month in January amid another rise in in food and energy costs, possibly setting ...
One economist expects the Federal Reserve to halt its policy as inflation risks increase due to potential effects of ...
In an interview with MarketWatch on Friday, Bullard forecast that inflation based on the core personal consumption expenditure index preferred by the Fed would fall to a 2.3% annual rate by the end of ...
During a week full of central bank policy decisions around the globe, Fed officials kept interest rates in a range of 4.25% to 4.5%, while their European counterparts moved forward with another ...
U.S. 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 ...
President Donald Trump has called for interest rates to come down and escalated his criticism of the Federal Reserve chair, Jerome Powell, after this week's policy meeting. But the president ...
Headline PCE ticked higher from an annual rate of 2.4% in November to 2.6% last month, while core PCE has been at 2.8% for three consecutive months. FEDERAL RESERVE HOLDS INTEREST RATES STEADY ...
Katherine Watt is a CNET Money writer focusing on mortgages, home equity and banking. She previously wrote about personal finance for NextAdvisor. Based in New York, Katherine graduated summa cum ...
After a two-day Federal Open Market Committee (FOMC) meeting, the US Federal Reserve announced on January 29 that interest rates would remain unchanged at 4.25-4.50 per cent at this juncture.
The Fed signaled at its last meeting in December that a pause on rate changes was likely. At the time, the bank said to expect two interest rate cuts of 25 basis points each in 2025.
The US Federal Reserve made its first significant decision during President Donald Trump's second term on Wednesday, announcing in a "unanimous" vote that it would maintain the interest rate ...