Total Personal Consumption Expenditures (PCE) prices -- the Fed's preferred inflation gauge -- rose 2.1 percent over the 12 months ending in September. Excluding the volatile food and energy categories, core PCE prices rose 2....
Barry Bosworth, economist and senior fellow at the Brookings Institution, told Xinhua that the Fed's decision was predictable. "Inflation threatens to move higher in a continuing strong economy. No real reason to cut rates,"...
Krautzberger, however, warned that “if we see further back up ( increase ) in US real rates and bond term premia, this could sufficiently tighten US financial conditions and temper some of the more lofty growth expectations for the US economy this year, bringing the Fed back into play.” ...
"Inflation remains elevated, reflecting supply and demand imbalances related to the pandemic, higher energy prices, and broader price pressures," the Fed said in a statement after a two-day policy meeting, adding that the Fed is "highly attentive to inflation risks." The Federal Open Market Com...
The Fed's Federal Open Market Committee (FOMC), in its last policy meeting of 2023, held the federal funds target rate unchanged at 5.25-5.5pc. It was the third consecutive meeting in which the Fed held rates steady following 11 increases from March 2022 through July this year.Bob Willis...
Fed sees rates near zero through 2023, perhaps longer Under the forecast, U.S unemployment will rise sharply to 4.9% in 2024. Unemployment claims in March were at 3.6%. The predicted recession would allow inflatio...
USD –US Dollar The US central bank is called the Federal Reserve Bank (commonly referred to as "The Fed"). The USD is the most traded currency in theforexmarket and can be paired with all other major currencies. Common names for the USD include the greenback, buck, green, dough, smack...
WASHINGTON -- The US Federal Reserve on Wednesday slashed interest rates by 25 basis points, the third consecutive rate cut in this easing cycle, as it braces for uncertainty stemming from the incoming Donald Trump administration's tariff policies. ...
At the press conference, the Fed chair also said that the central bank's five-year review of its monetary policy framework is taking place this year, noting that it intends to wrap up the review by late summer. "I would note that the Committee's 2 percent longer-run inflation goal will...
Minneapolis Fed's Kashkari expects lower interest rates later this year Jeff CoxFri, Feb 7th 2025 U.S. economy added just 143,000 jobs in January but unemployment rate fell to 4% Jeff CoxFri, Feb 7th 2025 Treasury yields rise after consumer inflation sentiment darkens, wages surge Sean Conl...