inflation

Powell says more ‘restriction’ is coming, including possibility of hikes at consecutive meetings

Federal Reserve Chairman Jerome Powell talked tough on inflation Wednesday, saying at a forum that he expects multiple interest rate…

Bricks over bytes: New hard asset ETF places big bet on real estate

A new ETF is making a big bet on real estate and other hard assets. CBRE’s Investment Management launched the…

Americans’ buying power rose for first time since March 2021 amid falling inflation

Workers saw their buying power grow in May for the first time in two years, as inflation continues to fall…

Watch Fed Chair Jerome Powell speak live to Senate banking panel

[The stream is slated to start at 10 a.m. ET. Please refresh the page if you do not see a…

Watch Fed Chair Powell speak live on rate hikes and more to a House panel

[The stream is slated to start at 10 a.m. ET. Please refresh the page if you do not see a…

Powell expects more Fed rate hikes ahead as inflation fight ‘has a long way to go’

Federal Reserve Chairman Jerome Powell on Wednesday affirmed that more interest rate increases are likely ahead until additional progress is…

One TikTok at a time: How Kyla Scanlon is making finance fun

She’s considered an influencer who uses TikTok, Instagram and YouTube to make financial education fun for young audiences. Kyla Scanlon,…

‘Bite of these higher rates is gaining traction almost every day,’ KBW CEO Thomas Michaud warns

A major financial services CEO warns the economy hasn’t fully absorbed higher interest rates yet. Thomas Michaud, who runs Stifel…

Fed holds off on rate hike, but says two more are coming later this year

WASHINGTON —  The Federal Reserve on Wednesday decided against what would have been an 11th consecutive interest rate increase as…

Inflation rose at a 4% annual rate in May, the lowest in 2 years

The inflation rate cooled in May to its lowest annual rate in more than two years, likely taking pressure off…