Fed says it’s not ready to cut rates until ‘greater confidence’ inflation is moving to 2% goal
Federal Reserve officials at their June meeting indicated that inflation is moving in the right direction but not quickly enough…
Powell says Fed has made ‘quite a bit of progress’ on inflation but needs more confidence before cutting
Federal Reserve Chair Jerome Powell expressed satisfaction Tuesday with the progress on inflation over the past year but said he…
Watch Fed Chair Powell, ECB’s Lagarde speak live at central bank policy forum
[The stream is slated to start at 9:30 a.m. ET. Please refresh the page if you do not see a…
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…
How immigrants are helping keep job growth hot while inflation cools
Immigration — both authorized and unauthorized — has helped the U.S. job market sustain a fiery run in recent months…
Bank of Japan set to reduce JGB purchases, stands pat on interest rate
The Bank of Japan kept its benchmark interest rate unchanged on Friday, but indicated it’s considering the reduction of its…
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…
Inflation slows in May, with consumer prices up 3.3% from a year ago
The consumer price index showed no increase in May as inflation slightly loosened its stubborn grip on the U.S. economy,…
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…
