By Michael S. Derby Feb 23 (Reuters) - The underlying level of inflation heated up in December as measured by a New York ...
WASHINGTON, Feb 24 (Reuters) - The U.S. Federal Reserve could resume cutting interest rates if inflation starts to fall, but ...
If growth is firming in Q1, the rate cuts rationale is less compelling. Thus, Fed funds futures are pricing in high odds for no change in the target rate for the next two policy meetings.
The Producer Price Index delivered an upside surprise across the board in January, reviving concerns that price pressures remain sticky and complicating the Federal Reserve's rate-cut timeline. The ...
Federal Reserve Bank of Chicago President Austan Goolsbee said the Supreme Court’s decision to strike down many of President Donald Trump’s sweeping global tariffs may cause more uncertainty for ...
A solid consumer economy and steady labor market mean that the Fed should be primarily focused on addressing elevated ...
Many Federal Reserve officials want to see inflation fall further before they would support additional interest rate cuts this year, particularly if the job market continues to stabilize, minutes of ...
Investors got some good news this week on the state of the labor market, and more may be on the way Friday on inflation.
Treasury yields declined following softer-than-expected U.S. consumer price index gains and ahead of a shortened week featuring the Fed’s preferred inflation gauge.
Gold rebounded on Friday as investors digested U.S. inflation figures for guidance on interest rate direction after jobs data lowered rate cut expectations.
Central bankers cut rates three times last year, but are cautious about lowering borrowing costs any further due to a weakening job market. President Donald Trump has said his pick for a new Fed Chair ...