Cleveland Fed President Beth Hammack stated on Thursday that interest rates are not “meaningfully restrictive” and should remain unchanged for some time as policymakers await clear evidence that ...
The US Bureau of Economic Analysis will release the January PCE Price Index at 7:00 PM today, a key inflation gauge that ...
By Michael S. Derby NEW YORK (Reuters) -Federal Reserve Bank of Cleveland President Beth Hammack reckons the U.S. central ...
The Federal Reserve could restart cuts to short-term borrowing rates in June and follow up with another reduction in ...
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The National on MSNKey inflation metric slows as Fed signals hold on interest rate cutsThe Federal Reserve's preferred inflation metric slowed last month, as officials suggest they are content to keep interest ...
The central bank wants to see further progress that price pressures are easing before it lowers interest rates again.
The Federal Reserve's preferred inflation index showed little progress toward its target of 2%, increasing the likelihood of ...
The Federal Reserve won’t cut interest rates again until it's convinced the rate of inflation has resumed slowing. Even a decline in the yearly inflation rate in January is not enough to persuade them ...
All Eyes on the Fed's Preferred Inflation Gauge; Renewed U.S. Tariff Threats Spook Investors By Vicky Ge Huang The Federal Reserve's preferred inflation gauge cooled in January, if economists' ...
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