Stubborn Inflation Could Prod Fed to Keep Rates High for Longer
Fed officials typically keep a close eye on a measure that strips out food and fuel costs, both of which are volatile, to get a sense of the underlying inflation trend. That “core” measure increased by 2.8 percent on an annual basis, in line with its February reading.
Federal Reserve Chairman Jerome Powell is in a tricky spot. He's been saying since November that the Fed is done raising ...
The reason it’s pointless is not that the Fed has yet to start cutting, though it is true that investors’ game-playing up ...
Now, as Congress considers a new crypto bill described as a "huge disaster," U.S. Treasury secretary Janet Yellen, a former ...
A measure of inflation closely tracked by the Federal Reserve remained uncomfortably high in March, likely reinforcing the ...
Border Patrol agents are combining multiple layers of enforcement to stop illegal immigrants coming across the southern ...
A higher-for-longer interest rate environment is burnishing the credentials of cheap Chinese stocks and driving value ...
"At the minimum, he’ll likely indicate the median FOMC participant now expects ‘less’ cuts this year." ...
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