Federal Reserve Bank

There’s a big Fed inflation reading coming Friday. Here’s what to expect

There could be some pretty good inflation news on the way from the Commerce Department when it releases a key…

The Fed is ‘playing with fire’ by not cutting rates, says creator of ‘Sahm Rule’ recession indicator

The Federal Reserve is risking tipping the economy into contraction by not cutting interest rates now, according to the author…

Fed holds rates steady, indicates only one cut coming this year

The Federal Reserve on Wednesday kept its key interest rate unchanged and signaled that just one cut is expected before…

Market backs off on hopes for interest rate cuts following strong jobs report

May’s surprising pace of job growth and wage rise added to the conviction that the Federal Reserve will stay on…

Fed’s Williams says inflation is too high but will start coming down soon

NEW YORK — New York Federal Reserve President John Williams on Thursday said inflation is still too high, but he…

The Fed probably won’t be delivering any interest rate cuts this summer

Investors likely will have to sweat out a summer during which it looks increasingly improbable that the Federal Reserve will…

Federal Reserve minutes indicate worries over lack of progress on inflation

Federal Reserve officials grew more concerned at their most recent meeting about inflation, with members indicating that they lacked the…

Fed officials seem like they have ‘no idea’ what is going on with U.S. inflation, strategist says

Federal Reserve officials appear to have “no idea” what is happening when it comes to the inflation picture in the…

Fed Governor Waller wants ‘several months’ of good inflation data before lowering rates

Federal Reserve Governor Christopher Waller, citing a string of data showing that inflation appears to be easing, said Tuesday that…

Affluent consumers are creating a ‘bubble’ at Walmart, warns retailer’s former U.S. CEO Bill Simon

Higher-income consumers may be creating a frothy situation at Walmart. Even though affluent shoppers helped drive the retailer’s latest beat…