-
PublishedJuly 25, 2024
U.S. economy grew 2.8% in second quarter, a robust unexpected strengthening
Consumer spending, business investments, and new inventory drove the growth.
-
PublishedJuly 15, 2024
Powell says Federal Reserve is more confident inflation is slowing to its target
He stressed Monday that the Fed does not need to wait until inflation actually reaches 2% to cut borrowing costs.
-
PublishedJuly 10, 2024
Fed chair Jerome Powell not prepared ‘yet’ to say he’s confident about inflation
The Fed chair has avoided giving any strong signals on the timing of interest rate cuts, though he has emphasized policymakers face risks from both moving too quickly or too slowly to take action.
-
PublishedJuly 9, 2024
Fed’s Powell highlights slowing job market in signal that rate cuts may be nearing
Chair Jerome Powell's written testimony Tuesday marked a shift in emphasis away from the Fed’s single-minded fight against inflation that suggests it's moving closer to cutting interest rates.
-
PublishedJuly 5, 2024
Federal Reserve highlights its political independence as presidential campaign heats up
Donald Trump, in his time as president, repeatedly badgered the Fed to do his bidding.
-
PublishedJune 12, 2024
Federal Reserve sees progress on inflation but envisions just 1 rate cut this year
The policymakers said the economy is growing at a solid pace, while hiring has 'remained strong' and there has been 'modest' further progress toward its 2% inflation target.
-
PublishedMay 29, 2024
Fed indicated rates will remain higher for longer. What does that mean for you?
The central bank kept its key rate at a 20-year high of roughly 5.3%, where it has been since last August.
-
PublishedFebruary 29, 2024
Federal Reserve’s preferred inflation gauge picked up last month in sign of still-elevated prices
It's the latest sign that the slowdown in consumer price increases is occurring unevenly from month to month.
-
PublishedJanuary 31, 2024
Federal Reserve leaves interest rates unchanged for now
The overall changes to its statement – compared with its last meeting in December – indicate that the Fed has definitively shifted toward considering rate reductions while still maintaining flexibility.
-
PublishedDecember 27, 2023
Year-end angst in money markets on Fed exit echoes 2018 crunch
Volatility in the market for overnight repurchase agreements is generally tame, but it has started to move, with repos trading as high as 5.53% before closing at 5.32% on Tuesday.
- 1
- 2
- 3
- Next Page →