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Crain's Chicago Business5h
Chicago Fed president goes hunting for inflation clues in the heartland
On-the-ground insights have become especially valuable over the last few months as uncertainty about trade and other policies ...
Fed's Harker says rate cuts this year still possible, amid data quality worries
As he heads toward retirement at month’s end, Philadelphia Federal Reserve President Patrick Harker says interest rate cuts ...
Fed’s Preferred Inflation Gauge Subdued in April as Spending Slows
The Federal Reserve has put interest rate cuts on hold until it has more clarity about President Trump’s policies.
Trump calls again for a Fed cut but resilient jobs report makes that even less likely
President Trump once again suggested the Federal Reserve should lower rates, but any slim chance of a June cut evaporated ...
Fed’s preferred inflation gauge cools to lowest level since September — calming rattled markets
Economists and some business executives have warned that prices will likely head higher as Trump’s widespread tariffs take ...
Solid Report Bolsters Fed’s Patient Approach to Interest Rate Cuts
The Fed’s caution is likely to put it on a collision course with Mr. Trump, who has repeatedly urged the central bank to cut ...
Inflation rate slows again and almost hits Fed’s 2% goal, but trade wars could spoil the party
The cost of living barely rose in April — and the rate of inflation slowed even closer to prepandemic levels — but it’s ...
Fed Chair Powell reveals new inflation target
Federal Reserve Chair Jerome Powell unveiled the central bank's monetary policy framework for 2025 Monday morning. "It ...