[ad_1] Inflation was a bit hotter than expected in September, with monthly gains fueled primarily by housing, food and medical care, the U.S. Bureau of Labor Statistics said Thursday. Inflation…
[ad_1] The U.S. will see inflation cut in half within six months, according to Mark Zandi of Moody’s Analytics. His call, which comes on the cusp of another key inflation…
[ad_1] Federal Reserve officials have been surprised at the pace of inflation and indicated at their last meeting that they expect higher interest rates to remain in place until prices…
[ad_1] D3sign | Moment | Getty Images Travelers are shifting their holiday getaway plans to avoid busting their budgets amid high inflation, according to a new Bankrate survey. Forty-three percent…
[ad_1] The Federal Reserve needs to keep raising its benchmark interest rate in order to cool inflation that hit a 40-year high earlier this year and has shown little signs…
[ad_1] There are signs that the U.S. labor market is starting to cool off a bit, San Francisco Federal Reserve President Mary Daly said Tuesday. “I think…some of the churn…
[ad_1] A Swiss flag flies over a sign of Credit Suisse in Bern, Switzerland FABRICE COFFRINI | AFP | Getty Images Credit Suisse executives are in talks with the bank’s…
[ad_1] U.S. Federal Reserve board member Lael Brainard speaks after she was nominated by U.S. President Joe Biden to serve as vice chair of the Federal Reserve, in the Eisenhower…
[ad_1] The Federal Reserve does not need to induce a deep recession in order to bring down high inflation, San Francisco Fed President Mary Daly said Thursday. “Inducing a deep…
[ad_1] The Federal Reserve on Wednesday raised benchmark interest rates by another three-quarters of a percentage point and indicated it will keep hiking well above the current level. In its…
[ad_1] It’s a move that would likely cause panic on Wall Street. But Wells Fargo Securities’ Michael Schumacher suggests the Federal Reserve is raising rates too slowly, telling CNBC’s “Fast…
[ad_1] The Federal Reserve is widely expected this week to raise its benchmark interest rate by 0.75 percentage points in an effort to slow the economy as a way to…
[ad_1] New British Prime Minister Liz Truss delivers a speech outside Downing Street, in London, Britain September 6, 2022. Toby Melville | Reuters LONDON — New British Prime Minister Liz…
[ad_1] Any doubt that the Federal Reserve will raise its its benchmark interest rate by 0.75 percentage point next week is gone, economists said, following the hot U.S. consumer price…
[ad_1] Credit Suisse expects the Federal Reserve to pause interest rate hikes sooner than widely expected due to tumbling inflation. According to the firm’s chief U.S. equity strategist, it will…
[ad_1] [The stream is slated to start at 9:10 a.m. ET. Please refresh the page if you do not see a player above at that time.] Federal Reserve Chairman Jerome…
[ad_1] Federal Reserve Chairman Jerome Powell in an appearance Thursday emphasized the importance of getting inflation down now before the public gets too used to higher prices and comes to…
[ad_1] Federal Reserve Vice Chair Lael Brainard vowed Wednesday to press the fight against inflation that she said is hurting lower-income Americans the most. That will mean more interest rate…
[ad_1] Federal Reserve Board Chairman Jerome Powell speaks during a news conference in Washington, DC, on July 27, 2022. Mandel Ngan | AFP | Getty Images Traders are now seeing…
[ad_1] Loretta Mester at Jackson Hole, Wyoming David A. Grogan | CNBC Cleveland Federal Reserve President Loretta Mester said Wednesday she sees interest rates rising considerably higher before the central…
[ad_1] John Williams, chief executive officer of the Federal Reserve Bank of New York, speaks at an event in New York, November 6, 2019. Carlo Allegri | Reuters New York…
[ad_1] Negative economic growth in the year’s first half may be a foreshock to a much deeper downturn that could last into 2024. Stephen Roach, who served as chair of…
[ad_1] John C. Williams, president and chief executive officer of the Federal Reserve Bank of New York, Lael Brainard, vice chair of the Board of Governors of the Federal Reserve,…
[ad_1] Federal Reserve Chairman Jerome Powell delivered a stern commitment Friday to halting inflation, warning that he expects the central bank to continue raising interest rates in a way that…
[ad_1] Citigroup said it had identified the cause of the flash crash and corrected the error “within minutes.” Jim Dyson | Getty Images News | Getty Images LONDON — U.K.…