Fed official: Need ‘dust to clear’ before deciding next moves
One of those officials, Austan Goolsbee, is president of the Fed’s Chicago branch. In an interview with The Associated Press, ...
What To Expect in the Markets This Week
Presidents Day holiday, Walmart earnings, Fed meeting minutes, housing starts, reports from Alibaba, Carvana, Rivian ...
MarketWatch2d
Top Fed officials’ comments highlight split on central bank about next interest-rate cuts
Federal Reserve watchers have been saying for months that the U.S. central bank has been gradually splitting into two camps — one eager to keep cutting interest rates, the other arguing for ...
Media Matters for America2d
Fox News economist panel agrees Trump tariffs are bad for consumers
Douglas Holtz-Eakin: “There is nearly universal agreement that those tariffs will be upward pressure on costs and consumers will ultimately pay them” ...
Hot Inflation Raises Stakes of Trump’s Tariffs
Hot inflation has raised the stakes of President Trump’s plans to escalate his use of tariffs on the country’s biggest ...
Insurancenewsnet.com4d
Tariffs, immigration plans leave the Fed with tough calls on rates
Federal Reserve Chair Jerome Powell was grilled by U.S. lawmakers Tuesday about when the central bank will resume its interest rate cutting campaign after pausing last month amid elevated inflation ...
Inflation rises unexpectedly, complicating picture for the Fed
U.S. inflation rose to 3% in January, driven by increased consumer prices in sectors like groceries and gasoline. Core CPI ...
Investing4d
US inflation jump puts Fed officials on notice as Powell testifies
Just before Fed Chair Jerome Powell began a second day of hearings on Capitol Hill, new data showed consumer prices jumped in ...
Investing4d
Hot January inflation report 'sobering,' Fed's Goolsbee says
Investing.com -- Chicago Fed President Austan Goolsbee said Wednesday the unexpected pick up in inflation in January was ...
Don't read too much into January CPI report, Chicago Fed's Goosbee says
Chicago Fed President Austan Goolsbee called the January Consumer Price Index data "sobering" when the inflation rate came in ...
The White House will take surprising approach to curb mortgage rates
When mortgage rates began to surge in 2022, it aligned with the rapid onset of inflation. However, the past few years of ...
The Alpena News6d
Little to no relief from high borrowing costs expected
The odds of further interest rate cuts this year by the Federal Reserve dwindled last week as unemployment fell and more officials say they want to see how new policies from the White House affect the ...