News

Fed Chair Powell says inflation, hiring slowdown pose 'challenging situation'

Federal Reserve Chair Jerome Powell on Friday said the central bank faces a "challenging situation" as a hiring slowdown ...

Fed’s Goolsbee Says He Hopes Dangerous Inflation Data Was a Blip

Federal Reserve Bank of Chicago President Austan Goolsbee said while some recent inflation readings have come in better than ...

Bond market's inflation expectations rise during speech by Fed's Powell

Inflation expectations derived from the bond market were rising on Friday, suggesting simmering concerns about future price ...

Inflation is too high and continues to trend higher, says Cleveland Fed President Beth Hammack

Beth Hammack, Cleveland Fed president, joins 'Money Movers' to discuss the economy, interest rates, Fed Chair Powell's ...

Fed minutes show tariff inflation fears outweighed jobs market in July rate decision

Minutes from the Fed's July policy meeting revealed policymakers prioritized tariff-driven inflation risks over labor market ...

Powell stresses Fed won't let inflation loose

While opening the door for a September interest rate cut, Fed Chair Jerome Powell stressed the central bank would not let ...

The last time the Fed cut rates against rising inflation was right before the Great Financial Crisis. BofA warns of the ‘Ghosts of 2007’

Conditions are like they were in 2007, or in the late 1990s, depending on how you look at the Fed raising rates during rising ...

Fed Warns Inflation Getting WORSE - Which Products Will Cost You More?

The Federal Reserve's latest meeting minutes reveal economists are increasingly worried that inflation could be getting worse, raising concerns for consumers nationwide. Scripps News National ...

Fed Officials Erase Old Policy That Tolerated Higher Inflation

The central bank retired a previous strategy and on Friday unveiled a new approach that updates how inflation and employment ...