October inflation readings out this week have shown little progress toward the Fed's two percent inflation target, putting ...
The report appears to keep the Federal Reserve on track for a December rate cut. Minneapolis Fed president Neel Kashkari told ...
Federal Reserve Chair Jerome Powell will headline a busy week of central-bank officials’ public remarks on Thursday.
Why it matters: Despite last month’s lack of progress on prices, the Fed is expected to lower its main federal funds lending ...
Expectations for a 25-basis point interest rate cut at the Fed's December meeting jumped to 82% after the data, from around 58%, according to CME FedWatch. Minneapolis Fed President Neel Kashkari said ...
Mortgage rates, while still elevated, have fallen into the 6% to 7% range and should continue easing at a slow pace. But the ...
When the Federal Reserve lowered its benchmark interest rate by half a percentage point in September, it wasn't a ...
After having made "a great deal of progress" in bringing down inflation from 40-year highs, Logan said in remarks prepared ...
Traders in financial markets piled into bets that the Fed's policy-setting Federal Open Market Committee, fresh from last ...
Over the last couple of years, interest rates have fluctuated quite a bit. After plummeting to record lows in 2020, they made ...
Inflation accelerated slightly for the month of October, sparking concern the Fed could pause its interest rate-cutting cycle ...