News

Inflation Crushes Hopes That Federal Reserve Will Cut Interest Rates in July
Key Takeaways Inflation rose in June, moving further from the Federal Reserve's goal of 2% each year.This flare of inflation ...
Collins says solid economy gives Fed time to assess next move
Federal Reserve Bank of Boston President Susan Collins said she continues to believe the US central bank can be patient in ...
Investors seek protection from risk of Fed chief's ouster
President Donald Trump's renewed calls for Federal Reserve Chair Jerome Powell's resignation have prompted investors to ...
June inflation data reaffirms Fed pause as tariff uncertainty grows
June's uptick in consumer prices likely gives the Fed room to stay on hold as uncertainty over tariffs clouds the timing of ...
Fed official reveals why America's economy remains 'really healthy' despite holding off on rate cuts
Bank of Cleveland President Beth Hammack said that she does not see an immediate reason to cut interest rates and that the ...
Inflation accelerated in June. Is the 'tariff shock' finally here?
Critics of President Trump's tariff policies have been waiting for the import taxes to raise the inflation rate. That effect ...
Can the Next Fed Chair Truly Be Independent From Trump’s Influence?
The president hasn’t named a successor to Jerome H. Powell, but his insistence on someone who will lower interest rates has ...
US inflation expected to rise in June with tariff-driven price hikes
U.S. consumer prices likely picked up in June, potentially marking the start of a long-anticipated, tariff-induced increase ...
Donald Trump’s rate-cut wish may finally be inching closer, as Fed meeting notes reveal a ‘master class’ in indecision
Fed officials are increasingly split on rate cuts, though UBS's Paul Donovan says their indecision currently amounts to ...
Traders temper rate cut bets ahead of RBA meeting
Robust US jobs data prompted bond traders to extinguish bets of a Fed rate cut this month, while the chance of a Reserve Bank ...
July Fed rate cut is 'clearly off the table,' says researcher at Fitch Ratings
A trickle of what is likely tariff-induced inflation has appeared in areas like household furnishings within Tuesday's consumer-price index data, and it is likely to gain momentum in the coming months ...