U.S. inflation data plus comments from Fed Chair Jerome Powell could be key for determining the path for U.S. interest rates.
The Federal Reserve kept its key interest rate unchanged as officials grappled with uncertainty caused by inflation and ...
Federal Reserve officials have been saying for a few months that the labor market is not adding to inflation pressures. This continued after the big gain in wages seen in the February jobs data. The 0 ...
Indeed, markets largely expect the Fed to hold tight for at least the next several months as policymakers observe the reality ...
The central bank needs to see further progress on inflation or weakness in the labor market to resume interest rate cuts.
The Federal Reserve’s preferred inflation gauge moved even higher in December, driven in part by rising food and energy prices. However, a closely watched measurement of underlying inflation trends ...
Consumer expectations for inflation popped to their highest levels in more than a year, threatening to become unanchored on the heels of strong economic performance in recent months. Inflation ...
Trade wars could lead to supply-chain disruptions and an inflation spike similar to the early pandemic, Austan Goolsbee said.