U.S. inflation data plus comments from Fed Chair Jerome Powell could be key for determining the path for U.S. interest rates.
Powell is set to testify before the Senate Banking Committee on Tuesday at 10 a.m. Eastern and to the House Financial Services panel on the following day. Companies across the country are bleeding ...
But first a bit of background: The numbers in Friday’s jobs report most likely will change in the months (and years) to come. That’s just the nature of data collection, statistics and research: ...
The Federal Reserve kept interest rates steady at 4.25% to 4.5%, despite US president Trump's call for deeper cuts. Trump has ...
Fed Chair Jerome Powell pointed to solid economic growth, a stable job market, and inflation that's easing but still a little ...
Recent research has identified periods when the Federal Reserve intentionally acted to slow inflation when it exceeded ...
But goods inflation is important to consumers, who can vote with their wallet on whether to go out to the theaters (service) or to stay in and do some retail therapy online (goods). As the latter ...
Federal Reserve Chair Jerome H. Powell faces four challenges at once, all of them daunting.
As Americans have realized, a byproduct of high inflation is typically high interest rates. As inflation begins to rise, the Federal Reserve will likely raise its benchmark fed funds rate. The fed ...
The recent shift in monetary policy and the Trump administration’s economic agenda have raised concerns about inflationary ...
President Trump has a lot to say about FOMC chairman Jerome Powell—and yet it seems he won't take his fight directly to the ...
An inflation gauge closely watched by the Federal Reserve rose slightly last month, the latest sign that some consumer prices ...