Federal Reserve Bank Archives - Business Finance News

Consumer price report expected to show inflation isn’t going away

Cartons of eggs are displayed at a grocery store with a warning that limits will be placed on purchases as bird flu continues to affect the...

Economics2 weeks ago

Bessent says Trump is focused on the 10-year yield, won’t push Fed to cut rates

U.S. Secretary of the Treasury Scott Bessent speaks, at the White House, in Washington, U.S. February 3, 2025. Elizabeth Frantz | Reuters The Trump administration is...

Economics2 weeks ago

Fed officials are raising concerns about Trump’s tariffs and inflation

Austan Goolsbee speaking at Jackson Hole on August 23, 2024. David A. Grogan | CNBC Federal Reserve officials take great pains not to comment on fiscal policy,...

Economics3 months ago

There’s an important jobs report coming Friday. Here’s what to expect

A pedestrian walks by a ‘hiring now’ sign in front of a U-Haul store on December 03, 2024 in San Rafael, California. Justin Sullivan | Getty...

Economics4 months ago

The Fed is likely cutting rates again Thursday. Everything you need to know

Federal Reserve Board Chairman Jerome Powell holds a press conference following a two-day meeting of the Federal Open Market Committee on interest rate policy in Washington,...

Economics4 months ago

The Federal Reserve may have pretty much just hit its 2% inflation target

Federal Reserve Chairman Jerome Powell arrives to a news conference following the September meeting of the Federal Open Market Committee at the William McChesney Martin Jr....

Economics5 months ago

Fed close to pulling off the elusive economic soft landing in 2024 after great September jobs report

A hiring sign is posted on the exterior of Urban Outfitters at the Tysons Corner Center mall on August 22, 2024 in Tysons, Virginia. Anna Rose...

Economics5 months ago

Former head of Dallas Fed Kaplan urges a half-point interest rate cut

If Robert Kaplan still had a say in the matter, he’d be pushing for a half percentage point interest rate reduction at this week’s Federal Reserve...

Economics5 months ago

CPI inflation report August 2024:

Prices increased as expected in August while the annual inflation rate declined to its lowest level since February 2021, according to a Labor Department report Wednesday...