Fed’s shift to ‘inclusive’ employment goal may be to blame for rising inflation: economists
Economists have been sounding the alarms that the Fed’s “inclusive” employment strategy may be to blame for staggering ...
Next CPI Inflation Report Could Improve 2025 Fed Rate Cut Expectations
This week’s forthcoming Consumer Price Index report could show easing year-on-year inflation, increasing the potential for ...
Fed Wanted an Inclusive Jobs Recovery. Some Are Asking If That Helped Fuel Inflation
In the first formal review of their policy strategy in five years, Federal Reserve officials are confronting a question that ...
Sightly more Americans apply for unemployment benefits last week, but layoffs remain relatively low
Slightly more Americans applied for jobless benefits last week, but layoffs remained in the same recent healthy range.
Fed's Bowman: Greater confidence in falling inflation needed before more cuts
Federal Reserve Governor Michelle Bowman said on Monday she wanted increased conviction that inflation will decline further ...
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Fed faces thorny decisions as it weighs when to lower interest rates amid Trump's tariffs
And despite an unemployment rate that dipped to an ... But since fall, the Fed’s preferred inflation measure has been stuck at just under 3% − down from a peak of 5.6% in 2022 but above ...
Powell says Fed ‘well positioned’ for the ‘risks and uncertainties’ that lie ahead
After cutting its key rate a full percentage point in the final three months of last year, with “the economy remaining strong ...
Facing unknowns on taxes, tariffs and inflation, Powell sees no rush to cut rates
Federal Reserve chair Jerome Powell reiterated the central bank is in no rush to cut interest rates with inflation still ...