Fed says it’s not ready to cut rates until ‘greater confidence’ inflation is moving to 2% goal
Federal Reserve officials at their June meeting indicated that inflation is moving in the right direction but not quickly enough ...
Tag: inflation
Is inflation Biden’s or Trump’s fault? The answer isn’t so simple, economists say
Former President Donald Trump, left, and President Joe Biden face off in the first debate of the 2024 presidential campaign, ...
Wall Street closes subdued as investors sit, wait for inflation data
U.S. stocks ended Thursday around the unchanged mark as investors awaited fresh inflation data, with the Nasdaq able to eke ...
Fed’s Goolsbee still looking for data inflation is cooling: Report
Federal Reserve Bank of Chicago President Austan Goolsbee is still looking for inflation to cool further as part of the ...
More states expected to roll out Inflation Reduction Act energy-efficiency rebates this summer
New York Gov. Kathy Hochul.Lev Radin/Anadolu Agency via Getty ImagesNew York is launching a program offering homeowners up to $14,000 ...
Fed’s policy patience warranted amid still-high inflation, Collins says
Boston Federal Reserve President Susan Collins on Tuesday cautioned against getting carried away with recent inflation data that suggested price ...
Fed holds rates steady, indicates only one cut coming this year
The Federal Reserve on Wednesday kept its key interest rate unchanged and signaled that just one cut is expected before ...
Fed holds rates steady, sees just one cut in 2024 despite inflation progress
The Federal Reserve held interest rates steady on Wednesday and pushed out the start of rate cuts to perhaps as ...
Federal Reserve is likely to scale back plans for rate cuts because of persistent inflation
Federal Reserve officials on Wednesday will likely make official what's been clear for many weeks: With inflation sticking at a ...
European shares close shy of record after ECB delivers first rate-cut in five years
European shares closed higher on Thursday, boosted by banking, technology and healthcare stocks, though they finished below session highs after ...
