Investors should pay attention to inflation rates, employment strength, & consumer spending trends. Know more about upcoming ...
The Fed is likely to formalize the hawkish pivot signaled by Powell on April 16th, by changing the FOMC post-meeting ...
The debate for the Federal Reserve is beginning to shift from how many times to cut interest rates this year to whether to ...
AmeriServ Financial President and CEO Jeff Stopko was recently appointed as chair to represent the Third Federal Reserve ...
America seemed to have licked the post-pandemic inflation surge for good. Then, in January, prices rose faster than expected.
But it's definitely more along the lines of what we want to see,” Powell said. “We expect inflation to move down to 2%—but on a path that is sometimes bumpy," Powell noted later in the ...
Fed presidents say a rate cut might happen this September, or maybe not. At the IMF meeting, other finance chiefs try to keep ...
"I definitely don't feel urgency to cut interest rates" given the current strength of the economy, Williams said at the ...
The Federal Reserve’s benchmark interest rate is in a “good place,” moving inflation down, and there is no need to rush to ...
Maybe it's still a bumpy path you could say ... Now when Powell spoke yesterday, he was not putting them back on the table. Jerome Powell: If higher inflation does persist, we can maintain the current ...
Top U.S. central bank officials, including Fed Chair Jerome Powell, backed away on Tuesday from providing fresh guidance on when interest rates may be cut, saying instead that monetary policy needed ...
While the nation's inflation rate rose to 3.5% in March, some states are seeing higher-than-average inflation due to higher ...