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 ...

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’ ...

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

Fed officials also disagree on how tariffs will affect inflation going forward. Many increasingly believe the duties will ...

Fed's Daly: Two Rate Cuts, More or Less, Appropriate This Year

(Reuters) -San Francisco Federal Reserve Bank President Mary Daly, in an interview following economic reports showing stronger-than-expected retail sales and an unexpected jump in wholesale prices ...

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 ...

Wholesale inflation spikes, putting Fed in tricky position

Wholesale prices increased in July at the quickest pace since February, as economists are keeping a sharp eye on inflation data amid President Trump’s trade war. The 3.3 percent yearly increase — ...

PPI report shows biggest surge in three years. Here's what that says about inflation.

Here's what new data from the producer price index says about where inflation is headed, according to economists.