News

If Fed Cuts Result In Inflation, Then Chair Powell Has Nothing To Fear
The Fed can’t decree credit easy or tight, and it can’t because there’s no credit by decree in the first place. Credit is ...
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The Fed can ignore Trump — but markets are listening
The president and his allies have stepped up their verbal attacks on the Federal Reserve and its chairman in recent weeks, ...
Inflation creeps higher in May and dims chances of the Fed cutting interest rates soon
The cost of living rose slowly in May for the third month in a row, but the rate of inflation is probably still too high for ...
ING Sees Dollar Respite After Tariffs Boost Inflation
The dollar is headed for a few months of gains after tariffs raise inflation and force the Federal Reserve to delay interest ...
Scott Bessent says Fed could cut rates by September or 'sooner'
Treasury Secretary Scott Bessent said Tuesday night that he thinks the Federal Reserve could cut interest rates by September or 'sooner' because of mild inflation thus far from President Trump’s ...
Core inflation rate rose to 2.7% in May, more than expected, Fed's preferred gauge shows
The PCE price index was projected to rise 0.1% in May, with the annual inflation rate at 2.3%, according to the Dow Jones ...
Fed's Targeted Inflation Gauge Shows Little Tariff Impact
The Federal Reserve's targeted inflation measure ticked slightly higher in May, but the numbers didn't show a big ...
Fed’s preferred inflation gauge rose to 2.7% in May — hotter than anticipated
The personal consumption expenditures price index rose 0.1% for the month, pushing the annual inflation rate to 2.3%, ...