Inflation outlook hits two-year low in latest New York Fed survey
Consumers are growing more optimistic that inflation is on the way down, according to a New York Federal Reserve survey…
Consumer debt passes $17 trillion for the first time despite slide in mortgage demand
Total consumer debt hit a fresh new high in the first quarter of 2023, pushing past $17 trillion even amid…
Former Fed Chair Ben Bernanke says there’s more work ahead to control inflation
WASHINGTON — Former Federal Reserve Chair Ben Bernanke, who guided the central bank and the U.S. economy through the Great…
Inflation rose 0.4% in April and 4.7% from a year ago, according to key gauge for the Fed
Inflation stayed stubbornly high in April, potentially reinforcing the chances that interest rates could stay higher for longer, according to…
Traders raise the chances for a Fed rate cut following April inflation report
Even with inflation running well above the Federal Reserve’s goal, markets became more convinced Wednesday that the central bank will…
Fed’s John Williams says rates could be increased if inflation doesn’t come down
NEW YORK — New York Federal Reserve President John Williams on Tuesday cautioned that interest rate increases will take a…
Worries linger about financial stability following bank rescue, Fed report shows
Banking system pressures, real estate stress and persistent inflation top worries about financial stability, though the system overall remains stable,…
Here’s what to expect from today’s Federal Reserve announcement
There won’t be a lot of mystery surrounding what the Federal Reserve is going to do Wednesday with interest rates.…
Fed report on SVB collapse faults bank’s managers — and central bank regulators
Silicon Valley Bank’s dramatic failure in early March was the product of mismanagement and supervisory missteps, compounded by a dose…
U.S. GDP rose at a 1.1% pace in the first quarter as signs build that the economy is slowing
Growth in the U.S. slowed considerably during the first three months of the year as interest rate increases and inflation…
