The Fed’s Preferred Inflation Measure Ticked Up Slightly in December
The central bank needs to see further progress on inflation or weakness in the labor market to resume interest rate cuts.
US Bank Agencies to Seek Public Input on Regulations on March 6
Top US bank regulators will hold a virtual meeting on March 6 to solicit public feedback on how effective their regulations ...
The Fed Is Sitting on the Sidelines, but for How Long?
The relative calm in the markets may not survive upheaval in the A.I. sector and a deluge of disruptive Trump policies, our ...
Inflation gauge favored by Fed showed price growth picked up in December
The Federal Reserve's preferred inflation gauge, known as the personal consumption expenditures index, rose in December in ...
The Fed’s go-to inflation gauge heated up again
The Federal Reserve’s preferred inflation gauge moved even higher in December, driven in part by rising food and energy prices. However, a closely watched measurement of underlying inflation trends ...
Traders bet Fed's next rate cut will wait until June
Traders on Friday kept bets that the Federal Reserve will wait until June to resume interest rate cuts, after government data showed inflation by the U.S. central bank's targeted measure ticked up to ...
Powell’s Fed on Defensive as Diversity Effort Comes Under Fire
Donald Trump’s offensive against diversity, equity and inclusion programs is putting the US central bank in an uncomfortable squeeze. And so far, the Federal Reserve and its chair, Jerome Powell, ...
U.S. border officials in Indiana seize $5M worth in fake Chinese jewelry
U.S. Customs and Border Protection officials seized millions of dollars in knock-off jewelry items and advised American consumers as Valentines Day nears to be leery of fake products.
What Fed rate cut? Most Americans say they haven't felt the impact of the central bank's policies - especially millennials.
The average interest rate on new cars fell to 6.8% in the fourth quarter of 2024 - when the Fed first started cutting rates - from 7.4% a year earlier, according to data from the car-buying site ...
Key takeaways from the Fed’s decision to pause interest rate cuts
The Federal Reserve on Wednesday hit pause on interest rate cuts in its first key decision of President Donald Trump’s second ...
Federal Reserve expected to stand pat on rates even as Trump demands cuts
With healthy hiring and some progress on inflation, Fed official have said that the pace of rate cuts will slow this year.