The Federal Reserve’s preferred measure of inflation changed little in September, likely easing the way to a widely expected interest rate cut by the central bank next week. Prices rose 0.3% in ...
Federal Reserve Chairman Jerome Powell hinted that the tariff hikes will likely reflect in "somewhat higher inflation" in coming quarters. He made the remarks in a speech at the Greater Providence ...
Want more stock market and economic analysis from Phil Rosen directly in your inbox? Subscribe to Opening Bell Daily’s newsletter. Jerome Powell acknowledged that stock prices seem elevated, tariffs ...
Commerce Department data and record stock-market highs indicate the US economy is on a tear so far under President Donald Trump. Yes, inflation is still a bit too high at 3% — but under Joe Biden, we ...
Federal Reserve Chair Jerome Powell blamed President Donald Trump’s tariffs for inflation increasing on a number of everyday goods during a televised briefing on Tuesday afternoon. “Total PCE prices ...
The Federal Reserve is doing a difficult balancing act, trying to tamp down inflation while lifting up the job market, Chair Jerome Powell said Tuesday. “There is no risk-free path for policy as we ...
Tech stocks rallied Wednesday after the Federal Reserve delivered a 25-basis-point rate cut and Fed Chair Jerome Powell signaled more easing could be coming — a shift partly driven by a cooling labor ...
The central bank will continue balancing inflation and unemployment in 2026, but a new face at the Fed could alter its calculus.
Federal Reserve Chair Jerome Powell warned Tuesday that the U.S. economy faces serious threats regardless of the approach the central bank takes to bringing down interest rates. In a Tuesday speech, ...
The past year for the Federal Reserve saw the two sides of its congressionally mandated goals for maximum employment and ...