How a week’s huge economic news will affect the Fed’s decision-making
The past week’s data deluge left behind a few distinct impressions: Inflation is on the run, the labor market appears to be OK if no longer on fire, and the …
Federal Reserve Bank
Economist Sahm, who devised recession rule, says the Fed is ‘playing with fire’
Economist Claudia Sahm on CNBC’s The Exchange. CNBC The Federal Reserve is risking tipping the economy into contraction by not cutting interest rates now, according to the author of a …
Federal interest rate sees no change
The Federal Reserve on Wednesday kept its key interest rate unchanged and signaled that just one cut is expected before the end of the year. With markets hoping for a …
Market backs off on hopes for interest rate cuts following strong jobs report
Traders work on the floor of the New York Stock Exchange during afternoon trading on June 03, 2024 in New York City. Michael M. Santiago | Getty Images May’s surprising …
Fed’s Williams says inflation is too high but will start coming down soon
John Williams, president and chief executive officer of the Federal Reserve Bank of New York, during the Market Forum: FX in Focus event in New York, on Thursday, Sept. 7, …
The Fed probably won’t deliver any interest rate cuts this summer
Traders work on the floor of the New York Stock Exchange during morning trading on May 24, 2024 in New York City. Michael M. Santiago | Getty Images Investors likely …
Fed minutes May 2024: Concern over stubborn inflation
U.S. Federal Reserve Chair Jerome Powell holds a press conference following a two-day meeting of the Federal Open Market Committee on interest rate policy in Washington, U.S., May 1, 2024. …
Fed officials seem to have ‘no idea’ about inflation, strategist says
The Marriner S. Eccles Federal Reserve building during a renovation in Washington, DC, US, on Tuesday, Oct. 24, 2023. Valerie Plesch | Bloomberg | Getty Images Federal Reserve officials appear …
Fed Gov. Waller wants ‘several months’ of good inflation data before lowering rates
Christopher Waller, governor of the US Federal Reserve, during a Fed Listens event in Washington, D.C., on Friday, Sept. 23, 2022. Al Drago | Bloomberg | Getty Images Federal Reserve …
Walmart bubble due to high-income grocery spending, warns Bill Simon
Higher-income consumers may be creating a frothy situation at Walmart. Even though affluent shoppers helped drive the retailer’s latest beat on quarterly results, former Walmart U.S. CEO Bill Simon warns …