Biden blasts Trump’s calls for reducing Fed’s independence, warning of potential for ‘enormous damage’ to economy
In a speech Thursday following the Federal Reserve’s interest-rate cut, President Joe Biden talked up the importance of the U ...
Interest rate policy 'super-successful,' former St. Louis Fed boss says
What the Fed does with interest rates is a critical one for commercial borrowers with variable-rate loans and those with ...
syracuse.com12h
Fed signals end to inflation fight with a sizable half-point rate cut
Inflation has tumbled from a peak of 9.1% in mid-2022 to a three-year low of 2.5% in August, not far above the Fed’s 2% ...
Fed Officials Forecast Higher Unemployment, Lower Inflation Than Three Months Ago
Federal Reserve officials signaled that unemployment might climb slightly higher by the end of the year. In their quarterly ...
The Economist2d
What is the Fed’s preferred inflation measure?
Both CPI and PCE inflation are calculated by tracking the prices of a representative sample of goods and services, often ...
Morningstar1d
Fed Rate Cut Shows the Main Battle Against Inflation Has Been Won
The Fed’s decision Wednesday implies that the main battle against high inflation has been won, and all that’s left is ...
Sterling rises after UK inflation data and ahead of Fed
The British pound rose against the dollar on Wednesday after UK inflation data boosted the market view that the Bank of ...
Paul Krugman: ‘We Beat Inflation.’ Here’s What the Fed Should Do Now.
The economist and New York Times Opinion columnist Paul Krugman makes the case for aggressive rate cuts by the Federal ...