Feds

Inflation eased slightly in January as worries accelerated over President Donald Trump's tariff plans, according to a Commerce Department report Friday.The personal consumption expenditures price index, the Federal Reserve's preferred…

Minneapolis Federal Reserve President Neel Kashkari said Friday he expects to see interest rates lower this year if the economic data continues to move in the same direction.In a CNBC interview, the central bank official expressed…

U.S. President Donald Trump looks on as he signs an executive order in the Oval Office at the White House in Washington, U.S., Jan. 31, 2025. Carlos Barria | ReutersPresident Donald Trump agreed with the Federal Reserve for its decision…

Federal Reserve officials have signaled that they are poised to raise interest rates this year as they try to put a lid on high inflation, and new data showing that the unemployment rate declined is likely to keep them on track to pull…

High inflation is a “severe threat” to the Federal Reserve’s employment goals, chair Jay Powell told US lawmakers during his confirmation hearing on Tuesday, as he sketched out the US central bank’s plans to tighten monetary…

For two years, the stock market has been largely able to ignore the lived reality of Americans during the pandemic — the mounting coronavirus cases, the loss of lives and livelihoods, the lockdowns — because of underlying policies that…

Dow Jones futures fell solidly early Wednesday, along with S&P 500 futures and Nasdaq futures, with Fed chief Jerome Powell set to testify before Congress on Wednesday morning. X The stock market rally attempt had a strong…

Philadelphia Fed President Patrick Harker said Thursday he foresees three or four interest rate hikes this year as likely to fight inflation.His thinking, outlined in a live interview on CNBC's "Closing Bell," is consistent with…

Darius Dale says inflation could remain high because of core services prices. He estimates the Fed has a six-to-nine-month window of tightening before the…

(Updates to add comments from Fed Chairman Powell)* US stocks deepen losses after Fed Chair rate hike comments* European, Asian shares rebound* US Treasury yields edge up on remarks from Fed ChairBy Koh Gui Qing and Karin StroheckerNEW…