A Fed interest rate cut won't be coming until at least September, if at all this year, following a troubling inflation report ...
The change was slightly above analysts' expectations and is likely to bolster reluctance at the Fed to cut interest rates any further.
Inflation slowed through much of last year – falling as low as 2.4% from a 40-year high of 9.1% in mid-2022 – but it has remained stubbornly high since fall. The cost of services such as car insurance ...
Inflation accelerated in January, rising 3% on an annual basis, indicating that the Federal Reserve's push to drive inflation down to a 2% annual rate has stalled out, at least temporarily.
For more than a century, the Federal Reserve has slowly but surely destroyed this nation‘s once-sound monetary system. As ...
Jerome H. Powell testifies as inflation risks are resurfacing, regulatory changes are in flux and the Federal Reserve’s ...
Federal Reserve Chair Jerome Powell returns to Capitol Hill on Wednesday for the second day of his semiannual updates on ...
Hopes for further Federal Reserve interest rate cuts were dealt a blow on Wednesday after data showed US inflation rose by more than economists expected in January.
With or without a Fed acting as a full employment act for economists, economic growth and money will take care of themselves ...
Powell asserted Tuesday that the central bank will not develop its own digital currency as long as he is in charge.
That may be true, but once there is no excess liquidity sloshing around the system, liquidity drained by QT will have to come ...