News

Fed's preferred inflation gauge expected to stay tame in May
The Federal Reserve’s preferred inflation gauge, the core personal consumption expenditure (“PCE”) price index, comes out on ...
Fed’s Kashkari: Inflation is above 2%, have to get it back to target
Federal Reserve Bank of Minneapolis President Neel Kashkari said late Thursday that inflation is above 2% and it has to get ...
Fed's Barr: Inflation to Rise, May See Some Persistence
The Fed last week left short-term borrowing costs in the 4.25%-4.50% range. Fed Chair Jerome Powell in congressional ...
Nike Earnings, Fed Speakers, Inflation Data: Still to Come This Week
The Federal Reserve’s preferred inflation gauge is still to come this week, as are earnings from Nike and Walgreens. Here's ...
White House says pick to replace Fed’s Powell not ‘imminent’ after Trump floats ‘3 or 4’ candidates
No decisions are imminent, although Trump has the right to change his mind and many good options to nominate as the next ...
Federal Reserve's Bowman backs July rate cut as inflation fears ease
Trump's top central bank overseer said inflation appears to be on a path back to 2% and expects “only minimal impact” from ...
Powell emphasizes Fed's obligation to prevent 'ongoing inflation problem' despite Trump criticism
The cautious tones from Powell could further antagonize President Donald Trump, who has ramped up his long-standing criticism ...
Fed Chair Jerome Powell holds firm on interest rates, resisting pressure to cut
Federal Reserve Chair Jerome Powell, who is testifying before Congress this week, said tariffs are "likely to push up prices.