Wholesale inflation measure rose 0.1% in July, less than expected
A key measure of wholesale inflation rose less than expected in July, opening the door further for the Federal Reserve…
Harris responds to Trump Fed comments, will release economic plan in coming days
Vice President Kamala Harris on Saturday fiercely disagreed with former President Donald Trump’s suggestion this week that U.S. presidents should…
Markets are counting on the Fed to head off recession with sizable interest rate cuts
In the market’s eyes, the Federal Reserve finds itself either poised to head off a recession or doomed to repeat…
San Francisco Fed President Daly sees interest rate cuts coming as labor market weakens
San Francisco Federal Reserve President Mary Daly on Monday said she expects that interest rates will be cut later this…
Chicago Fed President Goolsbee says if economy deteriorates, Fed will ‘fix it’
Chicago Federal Reserve President Austan Goolsbee on Monday vowed that the central bank would react to signs of weakness in…
Markets are clamoring for the Fed to start cutting soon: ‘What is it they’re looking for?’
If the Federal Reserve is starting to set the table for interest rate reductions, some parts of the market are…
Fed holds rates steady and notes progress on inflation
WASHINGTON – Federal Reserve officials on Wednesday held short-term interest rates steady but indicated that inflation is getting closer to…
Euro zone inflation rises to 2.6% in July, above expectations
Headline inflation in the euro zone unexpectedly rose to 2.6% in July, the European Union’s statistics agency said Wednesday, even…
Here’s everything you need to know about the Fed decision coming Wednesday
This week’s Federal Reserve meeting is not much about the present but potentially very much about the future. If things…
Fed’s key inflation gauge rose 2.5% in June from a year ago, easing path to rate cut
An important gauge for the Federal Reserve showed inflation eased slightly from a year ago in June, helping to open…
