Wholesale goods cause inflation to rise
Prices on wholesale goods are pushing inflation higher.
Federal Reserve
Federal Reserve cuts interest rates for 2nd time
The Federal Reserve has lowered interest rates by a quarter-point for the second time this year.
Fed’s favored inflation gauge accelerates slightly in August
The Federal Reserve’s favored inflation gauge accelerated slightly in August from a year earlier.
Powell signals Federal Reserve to move slowly on interest rate cuts
Federal Reserve Chair Jerome Powell on Tuesday signaled a cautious approach to future interest rate cuts, in sharp contrast with other Fed officials this week who have called for a more urgent approach.
The Federal Reserve wrestles with how many interest rate cuts to make and how fast
With the Federal Reserve widely expected Wednesday to reduce its key interest rate by a quarter-point to about 4.1%, economists and Wall Street investors will be looking for signals about next steps: How deeply might the Fed cut in the next few months?
US inflation held steady last month as tariff hit offset by cheaper gas, food
U.S. inflation was unchanged in July as rising prices for some imported goods were balanced by falling gas and grocery prices, leaving overall prices modestly higher than a year ago.
A top Federal Reserve official says dour jobs data backs the case for 3 rate cuts
A top official at the Federal Reserve said Saturday that this month’s stunning, weaker-than-expected report on the U.S. job market is strengthening her belief that interest rates should be lower.
Federal Reserve leaves interest rates unchanged even as Trump demands cuts
The Federal Reserve left its key short-term interest rate unchanged for the fifth time this year, brushing off repeated calls from President Donald Trump for a cut.
Sweeping changes coming to the Fed
Big changes could be coming to the world’s most powerful central bank, the Federal Reserve.
Trump and Powell bicker over Fed building renovations as president ratchets up pressure campaign
After months of criticizing Federal Reserve Chair Jerome Powell, President Donald Trump took the fight to the Fed’s front door on Thursday, publicly scorning the central bank chief over the ballooning costs of a long-planned building project.
