Federal Reserve Chairman Jerome Powell and his team had hoped to lower interest rates in 2024. But sticky inflation, a strong ...
The more the Fed insists that the next move in interest rates is a cut, the more financial conditions will ease, making it ...
Expectations that the Fed cuts interest rates at their next meeting in June are very low, but the FOMC may affirm that cuts ...
The Fed’s favored core PCE price index, which excludes the volatile components of food and energy, jumped by 3.0% annualized ...
Key Takeaways The spot price of gold rose Tuesday as a report showed wholesale inflation rose more than expected in April and ...
The economy continues to roll, jobs are plenty and consumers are getting a bit more upbeat. That's bad news for interest-rate ...
The average 30-year fixed-rate mortgage was 7.03% for the week ending May 30, according to Freddie Mac's latest Primary ...
Hopes for interest rate cuts this year by the Federal Reserve are steadily fading, with a stream of recent remarks by Fed ...
After several unexpectedly high inflation readings, Federal Reserve officials concluded at a meeting earlier this month that ...
Inflation pressures are easing but the pace of progress is slow amid a resilient economy and a robust job market.
A line of unsold 2024 Edge utility vehicles sit at a Ford dealership Sunday, May 19, 2024, in Denver. Policymakers' ...
The report from the Commerce Department also showed tepid consumer spending, a wrinkle that could help the Fed’s inflation ...