Asset prices, meanwhile, have shrugged off all indication that the Fed’s inflation battle is moving in the wrong direction.
Unemployment is ticking up, but slowly, without widespread layoffs. And inflation is proving stubborn on the way to 2%. The ...
Markets widely expect the Federal Reserve to cut interest rates for the fourth time this year at its December meeting. The ...
Despite inflation in some sectors remaining outside the Federal Reserve's benchmark of 2%, officials indicated they are ...
With inflation still elevated, Federal Reserve officials expressed caution at their last meeting about cutting interest rates ...
The meeting summary showed that all 19 officials approved this month’s quarter-point cut.
U.S. consumer spending increased slightly more than expected in October, suggesting the economy retained much of its solid ...
Bank of England Deputy Governor Clare Lombardelli said on Monday she was more worried about the risk that inflation comes in ...
Powell just a week after the meeting said the economy was "not sending any signals that we need to be in a hurry to lower ...
The latest inflation data will likely reinforce the central bank’s cautious approach when it meets to decide on cutting ...
Federal Reserve Governor Bowman advocates caution on further monetary easing due to ongoing inflation concerns.