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Fed's Bostic: Adjustment to Trump policies could take a year or more
The U.S. is likely facing a period of elevated inflation that risks seeping into consumer psychology, with companies likely ...
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Strong job growth puts Federal Reserve in a pickle as Trump's pressure escalates
Steady job growth and slightly elevated inflation rates indicate that the Fed will avoid rate cuts for now despite Trump’s demands.
Fed Chair Powell resists Trump pressure, will wait on rate cuts amid tariff uncertainty
The Fed Chair on Tuesday reiterated the central bank plans to "wait and learn more" about the impact of tariffs on inflation ...
Trump admin has ‘lot of good candidates’ to replace Fed Chair Jerome Powell: Bessent
If they want to make a mistake here and not cut, that’s fine,” Bessent told CNBC, insisting that tariffs imposed by Trump ...
Core inflation rate rose to 2.7% in May, more than expected, Fed's preferred gauge shows
The PCE price index was projected to rise 0.1% in May, with the annual inflation rate at 2.3%, according to the Dow Jones ...
Fed's Targeted Inflation Gauge Shows Little Tariff Impact
The Federal Reserve's targeted inflation measure ticked slightly higher in May, but the numbers didn't show a big ...
ING Sees Dollar Respite After Tariffs Boost Inflation
The dollar is headed for a few months of gains after tariffs raise inflation and force the Federal Reserve to delay interest ...
Strong June jobs report won't sway Fed on rate cuts: Analyst
The economy added 147,000 nonfarm payroll jobs last month, topping the Dow Jones consensus of 110,000, according to the US ...