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Powell signals U.S. Fed may cut rates soon even as inflation risks remain
Federal Reserve Chair Jerome Powell on Friday opened the door ever so slightly to lowering a key interest rate in the coming months but gave no hint on the timing of a move and suggested the central bank will proceed cautiously as it continues to evaluate the impact of tariffs and other policies on the economy.
Federal Reserve Bank of Chicago President Austan Goolsbee said while some recent inflation readings have come in better than ...
The central bank retired a previous strategy and on Friday unveiled a new approach that updates how inflation and employment ...
Christopher Waller, first nominated to his post by President Donald Trump in 2019, has become one of the most closely watched ...
Most Federal Reserve officials said last month that the threat of higher inflation was a greater concern than the potential for job losses, leading the central bank to keep its key rate unchanged.
Minutes of the Federal Reserve’s July meeting show widespread concern over the slowing economy and the impacts of import ...
Most Federal Reserve officials highlighted inflation risks as outweighing concerns over the labor market at their meeting ...
Federal Reserve policymakers will be debating whether stubborn inflation or slower hiring is the bigger problem for the ...
CNBC’s Steve Liesman and Kansas City Fed President Jeffrey Schmid join 'Squawk Box' to discuss Fed Governor Lisa Cook's ...
The minutes of the rate-setting Federal Open Market Committee, published on Wednesday, showed that “some [members] noted that ...
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