News

Solid Jobs Report Keeps Fed Rate Cuts at Bay
The latest labor market data reinforces the central bank’s wait-and-see approach to lowering borrowing costs, despite ...
Fed official sees July rate cut ‘unlikely,’ sticking with Powell’s view that coming months will be moment of truth for tariffs’ effect on inflation
Officials at the Federal Reserve believe the impacts of Trump’s tariffs on the economy will start to appear this summer.
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 ...
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 ...
Powell reiterates Fed will wait for more data before cutting rates
U.S. Federal Reserve chair Jerome Powell reiterated the U.S. central bank plans to "wait and learn more" about the impact of ...
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 ...
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 ...
Opinion
Fed Chair Powell confirms tariff concerns prevented interest rate cuts so far this year
Fed Chair Jerome Powell said tariff concerns delayed interest rate cuts, stating the central bank would have likely reduced rates this year if not for potential consumer price hikes.
As Trump ramps up attacks on the Federal Reserve, Chair Powell refuses to change course
“The board just sits there and watches, so they are equally to blame,” Trump said. The attack on the board ratchets up ...
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 ...
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 ...
Hassett: Inflation Is Lowest It's Been In 4 Years. If The Fed Were Data Driven, They Would Be Lowering Interest Rates
Director of the National Economic Council Kevin Hassett told "Special Report" host Bret Baier he has "high confidence" ...