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Hotter Inflation In June Will Likely Keep Fed Monetary Policy Steady For The Near Term
What is clear is that the current 4.33% median Fed funds target rate remains well above the inflation trend. Even after the ...
Fed's inflation fears start to be realized with June CPI increase
Rising prices across an array of goods from coffee to audio equipment to home furnishings pulled inflation higher in June in ...
Why won’t the Fed cut rates in July? Its favorite inflation gauge is telling it not to.
The inflation gauge the Federal Reserve relies on most to decide whether to raise or lower U.S. interest rates is likely to ...
Fed’s John Williams Says Rate Stance Remains ‘Entirely Appropriate’
The president of the New York Fed suggested he is reluctant to support lowering interest rates ahead of the bank’s next meeting, arguing that tariffs are likely to drive further inflation.
Rupee falls as US inflation jitters dent Fed rate cut bets, hoist dollar
The Indian rupee fell on Wednesday as the latest U.S. inflation report showed that tariffs were beginning to feed into prices ...
Inflation accelerated in June as the Fed weighs the impact of tariffs in rate cut timing
The Bureau of Labor Statistics reported that the consumer price index (CPI), a popular inflation gauge, increased in June to ...
How Trump is turning up the heat on Powell amid a push to ditch Fed independence
President Donald Trump is not a supporter of Federal Reserve Chairman Jerome Powell, and his administration is applying ...
Fed’s Williams says tariffs are pushing up inflation, and he expects even higher prices in coming months
Higher tariffs put in place by the Trump White House this year have started to increase inflation, and these effects are likely to increase in the coming months, New York Fed President John Williams ...
Fed’s Favored Inflation Gauge Likely Stalled in June
The core inflation metric tracked by the Federal Reserve will likely come in at 2.7% or 2.8% for June, versus 2.7% in May, according to a batch of Wall Street estimates out today. That would mean no ...
Inflation Crushes Hopes That Federal Reserve Will Cut Interest Rates in July
Some investors had clung to a bit of hope that the Federal Reserve would cut interest rates at its next meeting on July 30.
June's Inflation Threatens To Extend The Fed Pause
CPI data reveals inflation trends, with core at 2.9%. Service sector inflation rises, suggesting the Fed may hold rates ...
Public Broadcasting Service (PBS)1d
How an inflation uptick and Trump’s pressure complicate the Fed’s interest rate decision
A new report shows inflation has picked up and analysts believe the prices of many goods increased, in part, because of ...