Inflation Stays Firm, but Not Enough to Derail December Fed Cut
The Labor Department on Wednesday reported that consumer prices in October rose 2.6% from a year earlier. That marks a pickup ...
San Francisco Fed3h
A Deep Dive into the Drivers of CPI Inflation: Introducing Our New Data Page
Our new data page, CPI Inflation Contributions from Goods and Services, details the evolution of inflation using the consumer ...
American Banker4h
Powell: Fed is in no hurry to lower interest rates
The Federal Reserve chair said there are no economic indicators calling for rapid rate cuts. He also addressed Fed independence, the impact of Trump's economic agenda and more.
Powell 'certainly' intends to stay at Fed until chairmanship ends
Jay Powell on Thursday once again reinforced his intention to serve out his term as chair of the Federal Reserve while making ...
Inflation accelerated in October, offering first look at prices since election
Economists expect prices to have risen 2.6% over the year ending in October. That figure would mark a slight uptick from the ...
Powell says Fed will likely cut rates cautiously given persistent inflation pressures
Chair Jerome Powell says the Federal Reserve will likely cut its key interest rate slowly and deliberately in the coming ...
Mexican Peso rallies late after Banxico's rate cut, US Retail Sales eyed
The Mexican Peso wavers against the US Dollar on Thursday after snapping three days of losses on Wednesday. Traders await the ...
Markets see 80% chance of a December rate cut
Traders added to wagers that the US Federal Reserve (Fed) will cut interest rates by another quarter point next month after ...
Fed Chair Powell Says There’s No Need to ‘Hurry’ to Cut Rates
A strong economy is giving Federal Reserve officials room to move “carefully” as they lower interest rates, the central bank ...
Stock market today: Indexes fall as Powell says the Fed is in no hurry to cut interest rates
Indexes slipped as traders zeroed in on remarks from Fed Chair Jerome Powell, who said the central bank is in no hurry to cut ...
NerdWallet10h
Weekly Mortgage Rates Dip as Inflation Heats Up
Mortgage rates fell slightly in the week ending Nov. 14, marking the first time weekly rates have gone down since September.
Federal Reserve is confident that recalibrating policy will lead to 2% inflation: Powell
Federal Reserve Chair Jerome Powell appeared to be saying that the central bank is confident that it can steer the U.S. economy to a soft landing, according to remarks he made on Thursday. "We are ...