Americans are increasingly preparing for higher prices in a concerning development for the Federal Reserve after a string of negative news on inflation.
Recent surveys showing a rise in consumer inflation expectations mean the U.S. central bank needs to keep its focus on ensuring price pressures are fully contained, Kansas City Federal Reserve President Jeff Schmid said on Thursday,
The Utah senator is joining efforts to dismantle the Federal Reserve, blaming the banking system for rising inflation rates.
Four consecutive months of rising inflation and other factors have led the Federal Reserve to pause interest rate cuts for the time being, which has led to CD rates staying steady. In this environment,
Federal Reserve Bank of Cleveland President Beth Hammack reckons the U.S. central bank can keep steadily shrinking its balance sheet through a period of uncertain government finances, while noting she is disinclined to support an interest rate hike even if inflation pressures do not retreat quickly enough.
Federal Reserve Bank of Cleveland President Beth Hammack says the Fed should continue to be cautious with further interest-rate cuts amid slower recent progress getting inflation back to the central bank’s 2% target.
The latest reading of the Federal Reserve's preferred inflation gauge showed that prices rose in line with economists' expectations in January as the inflation fight continues.
Fed's Kugler supports extended rate pause
The Federal Reserve's preferred gauge of inflation inched closer to the 2% target last month, according to the Commerce Department. The personal-consumption-expenditures price index rose by 2.5% over the year through January,
Tom Bevan talks with Kevin Warsh of the Hoover Institution about inflation and the Federal Reserve. Warsh served
A new task force in the Republican-controlled U.S. House of Representatives on Tuesday began an examination of the Federal Reserve's role and goals, with Republicans raising questions about its track record on controlling inflation,
Many financial stocks swooned in 2022 and 2023 as inflation, rising interest rates, geopolitical conflicts, and other macro headwinds shook the markets. But in 2024, some of those stocks stabilized with the Federal Reserve's three interest rate cuts.
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