News

Fed Rate Cut Grows More Likely as Inflation Holds Steady at 2.7%

Inflation held steady in July and ran slightly cooler than expected, increasing the odds of a Federal Reserve rate cut next ...

Chicago Fed president wants to see a 'few months of data' on inflation to gauge economy's health

"The hardest thing that the Fed ever has to do is get the timing right at moments of transition,” Goolsbee said on NBC News’ ...

Fed’s Goolsbee Says He Wants to See More Positive Inflation Data

Federal Reserve Bank of Chicago President Austan Goolsbee said he would like to see at least one more inflation report to be sure persistent price pressures aren’t picking up.

To cut or not to cut? This week's inflation data complicates the picture for the Fed

This week's inflation data further complicates things for the Fed in terms of cutting interest rates. Read more here.

Fed's Goolsbee: want more assurance on inflation to cut in Sept or autumn

Chicago Federal Reserve Bank President Austan Goolsbee on Friday left the door open to supporting an interest-rate cut in ...

Inflation or jobs: Federal Reserve officials are divided over competing concerns

Federal Reserve policymakers will be debating whether stubborn inflation or slower hiring is the bigger problem for the ...

Dow futures rise as updates this week from the Fed and top retailers will test Wall Street’s big rally

Fed minutes are due, and top retailers will report earnings in the coming week. But the main attraction will be Jerome Powell ...

The Federal Reserve’s ‘Interest On Reserves’ Doesn’t Contain Inflation

That’s because credit is produced, not decreed or managed by central banks. Individuals, banks, and governments borrow money ...

Inflation shocker blows apart expectations for huge Fed rate cuts

Goldman Sachs economists in a note estimated that consumers could soon bear up to 67% of tariff costs, up from 22%, thus ...
Mises Institute1dOpinion

The Last Thing We Need Right Now is a Fed Rate Cut

Trump and Wall Street want the Fed to lower the target policy interest rate and fuel more monetary inflation. If Trump gets ...

Fed should cut rates but they're weighing inflation more than employment, says Apollo's Torsten Slok

CNBC's Steve Liesman and Torsten Slok, Apollo partner and chief economist, join 'Closing Bell' to discuss the Federal Reserve ...

Stocks ease, US yields rise after hot US inflation data shakes confidence in Fed rate cut

Global stocks edged lower on Thursday, with equities on Wall Street ending flat, while U.S. Treasury yields rose after market ...