Watch Fed Chair Jerome Powell testify live before Senate banking panel
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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…
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…
Sen. Warren warns Powell against weakening banking regulations: ‘Do your job’
Sen. Elizabeth Warren, D-Mass., is accusing Federal Reserve Chair Jerome Powell of doing the financial industry’s bidding by considering changes…
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…
Biden cheers cooling inflation ahead of key Fed interest rate decision
President Joe Biden on Wednesday took a victory lap on the latest inflation report, which found that consumer prices did…
Fed meeting and inflation report both hit Wednesday, and the impact could be huge
Wednesday is shaping up to be one of the most important days of the year for economic news, as investors…
Fed’s favorite inflation gauge is expected to show very slow progress on Friday
Inflation is taking baby steps towards coming back to where policymakers want it, with a report due Friday expected to…
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…
Soaring debt and deficits causing worry about threats to the economy and markets
Government debt that has swelled nearly 50% since the early days of the Covid pandemic is generating elevated levels of…
