News

Fed's Goolsbee: want more assurance on inflation to cut in Sept or autumn

Chicago Federal Reserve Bank President Austan Goolsbee on Friday left the door open to supporting an interest-rate cut in ...

Chicago Fed president wants to see a 'few months of data' on inflation to gauge economy's health

"The hardest thing that the Fed ever has to do is get the timing right at moments of transition,” Goolsbee said on NBC News’ ...

Fed should cut rates but they're weighing inflation more than employment, says Apollo's Torsten Slok

CNBC's Steve Liesman and Torsten Slok, Apollo partner and chief economist, join 'Closing Bell' to discuss the Federal Reserve ...

Fed Rate Cut Grows More Likely as Inflation Holds Steady at 2.7%

Inflation held steady in July and ran slightly cooler than expected, increasing the odds of a Federal Reserve rate cut next ...

Inflation or jobs: Federal Reserve officials are divided over competing concerns

Federal Reserve policymakers will be debating whether stubborn inflation or slower hiring is the bigger problem for the ...

Fed cut seen near certain after inflation data, Bessent comments

The likelihood of a Federal Reserve rate cut in September is now seen near 100% after new data showed U.S. inflation ...

Fed debate on September rate cut to turn on inflation, jobs data

A jump in wholesale prices is likely to bolster concerns among Federal Reserve policymakers that rising inflation remains a ...

Stocks retreat after hot US inflation data shakes Fed rate cut hopes

Global stocks retreated from record highs on Thursday while U.S. Treasury yields rose after market expectations for an ...

Fed's Nightmare: CPI Inflation In Core Services Worst In 6 Months, Pushing Core CPI To Worst In 6 Months; Some Goods Prices Fell, Others Rose

Year-over-year, used vehicle prices rose by 4.8%, the seventh month in a row of year-over-year increases, and the biggest one ...

The Federal Reserve’s ‘Interest On Reserves’ Doesn’t Contain Inflation

That’s because credit is produced, not decreed or managed by central banks. Individuals, banks, and governments borrow money ...

Core inflation still a little hot, but not enough to derail Fed's expected rate cuts: FHN

Core inflation still looks "a little hot" at 3.1% in July on a yearly basis, up from 3% a month before, according to Chris ...

Trump is deporting so many immigrants that it could cause inflation to hit 4% next year, top economist says

The Labor Department reported Thursday that the producer price index (PPI)—a measure of wholesale inflation before it hits ...