Wall Street remains steady as inflation data aligns with expectations, fueling hopes for future interest rate cuts.
A rise in prices could make the Federal Reserve less likely to cut its key interest rate in the coming months. But most ...
Between that time and July 2023, the Fed aggressively raised the federal funds rate to fight decades-high inflation. While the fed funds rate can influence mortgage rates, it doesn't directly do so.
Given the uncertainty in the outlook, it is best for the Federal Reserve to "proceed with caution," said Dallas Fed President Lorie Logan, on Wednesday. The Fed is looking at two opposing risks, Logan ...
The new consumer price index is out, showing that inflation rose in October.
October's inflation report shows rising inflation pressures, driven by services and housing costs. See what to expect at ...
October's annual inflation rate may have ticked up for the first time in seven months, after more than two years of gradual ...
If it is much firmer than Fed officials would like, they might opt to put further rate cuts on temporary hold. That would ...
Inflation in the United States ticked up in October, driven by costlier rents, used cars, and air fares, a sign that price ...
After having made "a great deal of progress" in bringing down inflation from 40-year highs, Logan said in remarks prepared ...
Expectations for another 25 basis point rate cut in December solidified. Markets are pricing in a 82% chance the Fed will ...