"This latest inflation reading confirms a Fed rate cut skip at the January FOMC meeting," said EY chief economist Gregory Daco. The new print "won’t change expectations for a pause later this ...

That’s down from the current 4.25% to 4.5% range as of January 2025. This is after the Fed cut rates in December 2024. This forecast assumes that the U.S. economy continues to grow; unemployment ...

There's another world cup before the World Cup coming to the United States this summer. Cities across the country are set to host games for the 2025 Club World Cup beginning in June, and this year ...

Donald Trump wants to have a greater say on interest rates. WSJ’s Nick Timiraos and former Fed Vice Chairman Richard Clarida explain how much influence he’ll have over the Federal Reserve as ...

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The Consumer Price Index rose 2.9 percent from a year earlier, but a measure of underlying inflation was more encouraging. Source: Bureau of Labor Statistics By The New York Times By Ben Casselman ...

Women hold 10 of the 24 leadership positions at Fed bank boards, the same number as last year, a Reuters review of those named, opens new tab this year shows. Eleven of the chairs and deputy ...

That's hurting stock prices. The Fed has cut its main interest rate by a full percentage point since September. The intent is to give the economy breathing room after the Fed earlier hiked the ...

Recommended John Thune Has a Message for Democrats Upset at J6 Pardons Jeff Charles Advertisement Dodd-Frank massively increased the power of the unconstitutional, unaccountable Fed. And created ...

The year ahead could bring conflict between Trump and Fed Chair Jerome Powell, who has resisted Trump's suggestion that the president should have a say in monetary policy decisions. No one knows ...

"I think on monetary policy decisions, the FOMC should be independent," Scott Bessent told the U.S. Senate Finance Committee, referring to the Fed's monetary policysetting panel, the Federal Open ...

Any negative impacts of the Fed’s rate hikes during those years have been small for many consumers and companies, according to Torsten Slok, chief economist for New York-based asset manager ...