News

Fed's Nightmare: CPI Inflation In Core Services Worst In 6 Months, Pushing Core CPI To Worst In 6 Months; Some Goods Prices Fell, Others Rose

Year-over-year, used vehicle prices rose by 4.8%, the seventh month in a row of year-over-year increases, and the biggest one ...
American Banker30m

Fed's Goolsbee backs central bank autonomy, questions tariffs

Federal Reserve Bank of Chicago President Austan Goolsbee said the Fed is not tied to Wall Street or political interests and ...

Fed's current monetary policy stance is 'exactly where we want to be,' official says

Kansas City Federal Reserve President Jeffrey Schmid said he favors keeping interest rates at current levels to prevent ...

Key inflation rate shows biggest rise in 6 months, CPI shows, but Fed rate cut still appears in play

A key measure of consumer prices in July posted the biggest increase in six months, suggesting inflation is showing some ...

Chicago Fed's Goolsbee, Atlanta Fed's Bostic see case for patience before cutting interest rates

Two Fed officials on Wednesday suggested the central bank can be patient in lowering rates. Markets see a rate cut in ...

Inflation likely moved higher last month as tariffs bite, putting the Fed in bind

Inflation likely ticked up in July for the third straight month as tariffs lift the cost of imported goods such as furniture, ...

Rate Of Inflation Cools In July, Case For Rate Cuts Builds

With inflation easing and the labor market cooling, the risks of keeping policy too tight are mounting. The CME Group now ...
The Texas Tribune on MSN39m

Texas economy, job growth slowing amid trade war and immigration crackdown, Dallas fed report says

Increasing tariffs on foreign goods and the impact of deportations on the work force cited as job growth slows in Texas.

Stock market today: Dow, S&P 500, Nasdaq futures rise as Fed rate cut bets surge after inflation data

US stock futures wavered amid increasing expectations that the Federal Reserve will cut interest rates at its next meeting, ...