News

Did the Fed just royally screw up?

That same day, Fed Chair Jerome Powell told reporters that a “solid” labor market means central bankers still have the luxury ...

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 ...

Did the Fed cut interest rates Wednesday? No, but here's when they might

Interest rates for credit cards to mortgages have jumped since the Fed began fighting inflation in 2022. Here's where experts ...

Trump fires US labor official over data and gets earlier than expected chance to reshape Fed

In a second surprise economic policy development, Fed Governor Adriana Kugler unexpectedly announced her resignation on ...

The Fed may cut rates later this year. Here’s how to get the most from your cash savings now

Despite unprecedented public needling from President Donald Trump to lower interest rates, the Federal Reserve board stood ...

Here's the case for lower rates from the Fed's 2 dissenting voices

The Fed opted against cutting rates, but a rare dissent from two governors says the central bank risks being too late amid a ...

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 ...

The Jobs Report Stunned. The Fed Has to Recalculate.

The Fed’s next policy meeting is six weeks away. That leaves time for another jobs report, fresh inflation data, and the ...