Stocks saw big swings as investors parse the outcome of the Trump-Harris debate as well as fresh inflation data ahead of the Federal Reserve's meeting on Sept. 18. Inflation declined in August to ...
Notably, alongside the Federal Reserve's interest rate decision, the FOMC also released its Summary of Economic Projections — and the committee now has just one interest rate cut penciled in for ...
That decline will be small but it will continue into 2025, when the Fed is expected to make more cuts. So, now would be a good time to lock in a CD with a high yield. Student loan borrowers have ...
Inflation by the Fed's most watched measure is now about a half a percentage point away from the central bank's target, and expected to come down gradually through the rest of 2024 and next year.
They emphasize that even if inflation prints hotter than expected, the Fed is likely to remain focused on preventing labor ...
Anything that might rock the boat prematurely for stocks was off the table. That worked for a while, but now the Fed is beginning to understand the consequences of kicking the can down the road.
Even before a disappointing July jobs report, Federal Reserve officials thought they ... thought that they had time to be patient. But now that the job market is beginning to show signs of slowing ...
Ultimately, Congress settled these issues by amending the U.S. Code to include (among other things) new pricing and access requirements for the Fed. Now, special purpose financial companies ...
JACKSON HOLE, Wyoming (Reuters) -In 2022, when the Federal Reserve's focus shifted to combating inflation, it had to ratchet up interest rates fast to get monetary policy caught up with fast ...
The investment firm said in a note Monday that despite market turmoil and expectations around inflation, the Fed now prioritizes the labor market, with the upcoming U.S. CPI inflation data playing ...