News

Chicago Fed president wants to see a 'few months of data' on inflation to gauge economy's health

"The hardest thing that the Fed ever has to do is get the timing right at moments of transition,” Goolsbee said on NBC News’ ...

Fed Rate Cut Grows More Likely as Inflation Holds Steady at 2.7%

Inflation held steady in July and ran slightly cooler than expected, increasing the odds of a Federal Reserve rate cut next ...

Inflation or jobs: Federal Reserve officials are divided over competing concerns

Federal Reserve policymakers will be debating whether stubborn inflation or slower hiring is the bigger problem for the ...

Nasdaq still leads decline in stocks after Fed minutes point to rising near-term inflation

Stocks continued to trade lower on Wednesday, while yields on U.S. government debt were little changed, after minutes of the ...

With Fed under pressure, Jerome Powell prepares for a high-stakes speech

The Fed chair will speak Friday at an annual economic symposium in Jackson Hole, Wyo. The speech comes as the central bank is under mounting pressure from the White House to lower interest rates.

Why the Federal Reserve has historically been independent of the White House

Economists have long preferred independent central banks because they can more easily take unpopular steps to fight inflation ...

South African rand little moved by domestic inflation data, investors await Fed cues

South Africa's rand was little moved on Wednesday, despite the country's highest inflation reading for 10 months, as ...

Hints Of Rising Inflation Complicate Fed's Next Policy Meeting

Ahead of the Federal Reserve’s annual conference in Jackson, Wyoming, which starts on Thursday (Aug. 21), the topic of ...