News

Fed's Bostic: Adjustment to Trump policies could take a year or more
The U.S. is likely facing a period of elevated inflation that risks seeping into consumer psychology, with companies likely ...
Fed official sees July rate cut ‘unlikely,’ sticking with Powell’s view that coming months will be moment of truth for tariffs’ effect on inflation
Officials at the Federal Reserve believe the impacts of Trump’s tariffs on the economy will start to appear this summer.
If Fed Cuts Result In Inflation, Then Chair Powell Has Nothing To Fear
The Fed can’t decree credit easy or tight, and it can’t because there’s no credit by decree in the first place. Credit is ...
Solid Jobs Report Keeps Fed Rate Cuts at Bay
The latest labor market data released on Thursday reinforces the central bank’s wait-and-see approach to lowering borrowing ...
ING Sees Dollar Respite After Tariffs Boost Inflation
The dollar is headed for a few months of gains after tariffs raise inflation and force the Federal Reserve to delay interest ...
American Banker1h
Better-than-expected jobs report backs Fed's rate stance
The Bureau of Labor Statistics issued its unemployment report for June, showing that the economy added 147,000 jobs. The ...
Fed's Targeted Inflation Gauge Shows Little Tariff Impact
The Federal Reserve's targeted inflation measure ticked slightly higher in May, but the numbers didn't show a big ...
Inflation creeps higher in May and dims chances of the Fed cutting interest rates soon
The cost of living rose slowly in May for the third month in a row, but the rate of inflation is probably still too high for ...
National Mortgage News2h
Mortgage rates drop again but chance of Fed cut also falls
The 10 basis point decline in the 30-year fixed mortgage was the most since March and the first time rates are below 6.7% ...
Core inflation rate rose to 2.7% in May, more than expected, Fed's preferred gauge shows
The PCE price index was projected to rise 0.1% in May, with the annual inflation rate at 2.3%, according to the Dow Jones ...
Scott Bessent says Fed could cut rates by September or 'sooner'
Treasury Secretary Scott Bessent said Tuesday night that he thinks the Federal Reserve could cut interest rates by September or 'sooner' because of mild inflation thus far from President Trump’s ...
Hassett: Inflation Is Lowest It's Been In 4 Years. If The Fed Were Data Driven, They Would Be Lowering Interest Rates
Director of the National Economic Council Kevin Hassett told "Special Report" host Bret Baier he has "high confidence" ...