Fed sparking irrational market optimism over potential rate cuts, former FDIC Chair Sheila Bair warns
Market optimism over the potential for interest rate cuts next year is dangerously overdone, according to former FDIC Chair Sheila…
Fed holds rates steady, indicates three cuts coming in 2024
The Federal Reserve on Wednesday held its key interest rate steady for the third straight time and set the table…
Here’s the inflation breakdown for November 2023 — in one chart
Inflation declined slightly last month on the back of weaker prices at the gasoline pump and a broader easing of…
Inflation slowed to a 3.1% annual rate in November
Prices across a broad range of goods and services edged higher in November but were mostly in line with expectations,…
The runway is getting clearer, but the U.S. economy still isn’t assured of a soft landing
November’s solid jobs report did not assure that the economy will come in for a soft landing, but it did…
Fed Chair Powell calls talk of cutting rates ‘premature’ and says more hikes could happen
Federal Reserve Chairman Jerome Powell on Friday pushed back on market expectations for aggressive interest rate cuts ahead, calling it…
Watch Federal Reserve Chair Jerome Powell speak live in Atlanta on policy
[The stream is slated to start at 11 a.m. ET. Please refresh the page if you do not see a…
Here’s what it would take for the Fed to start slashing interest rates in 2024
Interest rate cuts don’t happen during good times, something important for markets to remember amid hotly anticipated easing next year…
Fed’s Barkin says rate hikes are still on the table if inflation doesn’t continue to ease
Richmond Federal Reserve President Thomas Barkin said Wednesday that policymakers need to retain the option of raising interest rates if…
