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Fed’s Preferred Inflation Measure Ticked Up Slightly
The Fed’s Preferred Inflation Measure Ticked Up Slightly in December
The central bank needs to see further progress on inflation or weakness in the labor market to resume interest rate cuts.
Inflation gauge favored by Fed showed price growth picked up in December
The Federal Reserve's preferred inflation gauge, known as the personal consumption expenditures index, rose in December in line with economists' expectations.
Key Fed measure shows core inflation at 2.8%, in line with expectations
Inflation closed out 2024 on a strong note, as a price gauge the Federal Reserve focuses on came in well above the central bank’s target, the Commerce Department reported Friday.
Fed, Trump
Trump may be his own worst enemy in his fight against the Fed
Trump has said he wants lower interest rates, but he may be standing in his own way.The president said he would demand interest rates be lowered at in address to Davos last week.His policies, though,
Trump unhappy with latest Fed decision
President Trump attacking the Federal Reserve's decision Wednesday to hold interest rates in place and blaming Jerome Powell for inflation.
Who will Trump pick to run his banking agenda at the Fed?
Federal Reserve Gov. Michelle Bowman is widely seen as the president's most likely choice for vice chair for supervision, a position soon to be vacated by Michael Barr. But while Bowman is the administration's most straightforward option,
Federal Reserve System, Trump
Key takeaways from the Fed’s decision to pause interest rate cuts
The Federal Reserve on Wednesday hit pause on interest rate cuts in its first key decision of President Donald Trump’s second term.
Trump comes out swinging at Fed for not cutting interest rates
President Trump ripped into the Federal Reserve and Jerome Powell after the central bank opted not to cut interest rates.
US Federal Reserve pauses rate cuts, angering Trump
America's central bank has held its main interest rate steady as President Donald Trump's trade policies threaten to rekindle inflation in the world's largest economy. The Federal Reserve resisted pressure from Trump to continue with cuts,
22h
The Fed Is Sitting on the Sidelines, but for How Long?
The relative calm in the markets may not survive upheaval in the A.I. sector and a deluge of disruptive Trump policies, our ...
18h
on MSN
The Fed didn’t budge on rates. Here’s why that matters for your bank accounts
Most people pay little attention to the Federal Reserve and monetary policy. But they have an outsized impact on your bank ...
19h
Fed officials wait for clarity on Trump policies
Two Federal Reserve officials seen as representing contrasting sides of the policy spectrum said on Friday they'll be ...
2d
on MSN
The Fed is hitting the pause button on rate cuts, for now. Here's the impact on your money.
Borrowers hoping for more financial relief from the Federal Reserve may have a wait on their hands, as the central bank is ...
2d
How to profit from the Fed’s latest interest rate pause
The Federal Reserve’s decision on Wednesday to keep its overnight bank lending rate where it is — following a full percentage ...
21h
Fed's Goolsbee comforted by latest inflation data, worried about tariffs
Chicago Federal Reserve President Austan Goolsbee said inflation data released on Friday was a bit better than expected and ...
21h
Fed Stands Pat on Rates, Entering New Wait-and-See Phase
Fed Chair Jerome Powell says, “We do not need to be in a hurry to adjust our policy stance.” ...
14h
Why Americans still can’t get cheaper mortgages, car loans or card balances after three Fed rate cuts
It takes time for the Fed’s decisions to filter through the economy — and then even more time for consumers to see the ...
11h
on MSN
Inflation Trends Could Keep Fed on Hold Until June, This Economist Says
The Fed needs to stay flexible in the face of policy uncertainty, even as price growth heads toward 2%. Plus, investment ...
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Donald Trump
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