News

Another blow to September Fed rate cut hopes after stubborn PCE inflation data
The likelihood of a Federal Reserve interest rate cut at the upcoming September FOMC meeting has taken another hit following ...
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 ...
Fed’s preferred inflation gauge ticks up as tariffs lift prices — casting cloud on September rate cut
The Federal Reserve’s preferred inflation gauge ticked up slightly in June as tariffs on imports started raising the cost of ...
June PCE: Inflation Reaccelerates Despite Tepid Spending And Income Gains
June's personal income and spending growth were soft, with both rising just 0.3% MoM, falling short of expectations. Check ...
As the Fed Meets, Here’s Where Inflation Stands
The Federal Reserve aims to keep inflation at a 2% annual rate over the longer run. Its preferred measure is the PCE, or personal-consumption expenditures, price index. As of May, inflation was ...
Investor's Business Daily on MSN3d
Fed Rate-Cut Odds Slide On Powell Framework; S&P 500 Falls
The S&P 500 turned lower as Chairman Jerome Powell continued to signal no rush to cut rates. Investors also are gearing up ...
Fed holds rates steady but sees first double dissent in 30 years
The Federal Reserve kept short-term interest rates at a level of 4.25 to 4.5 percent on Wednesday, but the vote saw the first ...
Treasury Yields Rise on Prospect of Another Fed Hold
Treasury yields rose as Fed Chair Powell kept alive the prospect of another interest rate hold in September, depending on data.