News

The Fed's Preferred Inflation Gauge Shows Rising Price Pressures
Inflation picked up in June, as measured by the Federal Reserve's preferred gauge, reflecting the continued price pressures ...
Key Inflation Measure Rose in June, Adding to Pressure on Fed
The price index was the latest indication that President Trump’s tariffs are beginning to show up in consumer prices.
Fed Chair Powell: Inflation's most of the way back to 2%
Federal Reserve Chair Jerome Powell answers questions after the Fed’s decision to leave the Federal Funds Rate unchanged in ...
Inflation Rises, Narrowing Chances for a Fed Rate Cut
The core index that omits energy and food costs also rose by 0.3% in June, but the annual rate ticked up to 2.8% from 2.7% ...
Inflation ticks up more than expected in Fed’s preferred gauge
Inflation in the Federal Reserve’s preferred measurement ticked up to a 2.6 percent annual increase in June from 2.3 percent ...
Fed chair Powell: Tariff induced inflation will take a long time to become clear
Federal Reserve Chair Jerome Powell answers questions after the Fed’s decision to leave the Federal Funds Rate unchanged in ...
The Fed's Preferred Inflation Gauge, PCE, Is Due Out Today. Here's What to Know.
The Federal Reserve's preferred inflation measure, the PCE, or personal-consumption expenditures price index, for June is due ...
Ben Bernanke And Janet Yellen’s Inflation Mystification Ails The Fed
For background, contemplate a recent New York Times opinion piece by former Federal Reserve Chairs Ben Bernanke and Janet ...
Trump ramps up pressure on the Fed to slash rates to 1% — but would that be risky for US jobs, savings and investments?
Despite President Trump ramping up pressure on Federal Reserve Chair Jerome Powell to cut interest rates, the Fed held rates ...
Fed's preferred inflation gauge shows price increases accelerated in June amid tariff uncertainty
Thursday's release of June PCE data comes just one day after the Federal Reserve opted to hold interest rates steady at its ...
Weakening US jobs market hits center of Fed rate policy debate
Surprisingly weak July hiring data released on Friday highlighted a fractious Federal Reserve debate over whether the central ...
Fed Governors Michelle Bowman and Christopher Waller wanted 25-basis-point cut at this week's meeting
Federal Reserve Governors Bowman and Waller dissented from this week's decision to hold interest rates steady and explained why they would've cut rates by 25-basis-points.