Inflation edged higher in July, according to a measure favored by the Federal Reserve as the…
Tag: Inflation
The Fed’s preferred inflation indicator is out Friday. Here’s what to expect
A customer shops at a supermarket on August 14, 2024 in Arlington, Virginia. Sha Hanting |…
Increased sausage demand could be worrying signal on the economy
A meat counter showing a variety of sausages at a Fred Meyer grocery store, a sub…
Markets are now wondering whether the Fed might cut by half a point in September
With Federal Reserve Chair Jerome Powell all but confirming that an interest rate cut is imminent,…
Goldman Sachs cuts odds of U.S. recession to 20% after retail and jobs data
Goldman Sachs has cut its probability forecast for a U.S. recession to 20% shortly after raising…
Trump, Harris inflation arguments are questionable, Chicago Fed president says
Austan Goolsbee speaking at Jackson Hole on Aug. 8, 2023. David A. Grogan | CNBC Chicago…
How to position yourself to benefit from the Fed’s first rate cut in years, according to financial experts
The Federal Reserve could start lowering interest rates as soon as next month, based on the latest inflation data.…
Here’s how a week’s worth of huge economic news will affect the Fed’s decision-making
The past week’s data deluge left behind a few distinct impressions: Inflation is on the run,…
Wednesday’s big CPI inflation report could mark a change in thinking for the Fed
Product prices as seen at Walmart. Courtesy: Walmart The news Tuesday was good for inflation, and…
Harris responds to Trump Fed comments, will release economic plan in coming days
U.S. Vice President and Democratic presidential candidate Kamala Harris speaks with members of the media before…
Markets are counting on the Fed to head off recession with sizable interest rate cuts
Federal Reserve Chairman Jerome Powell takes a question from a reporter during a news conference following…
The Federal Reserve sets the stage for a rate cut — here’s what that means for your money
Customer shopping for school supplies with employee restocking shelves, Target store, Queens, New York. Lindsey Nicholson…
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…