federal Reserve
-
Business
Inflation eases to 3% in June — stoking hopes for Fed rate cut
Inflation numbers reported by the government on Thursday came in cooler than anticipated — fueling Wall Street anticipation of an…
Read More » -
Business
‘more good data’ would boost case for rate cuts
Federal Reserve Chair Jerome Powell on Tuesday said the trade-offs between bringing inflation down and maintaining a solid labor market…
Read More » -
Business
US inflation cooling, job market similar to pre-pandemic conditions: Fed
Inflation is easing and the job market has returned to the “tight but not overheated” situation seen before the COVID-19 pandemic threw the…
Read More » -
Business
US headed for a deep recession, stocks could fall 30%, analyst warns
There may be trouble looming on the horizon for the U.S. stock market, according to BCA Research. In a note to…
Read More » -
Business
Fed’s preferred inflation gauge was up 2.6% in May
A key inflation gauge used by the Fed to track inflation was up 2.6% last month — a fresh signal…
Read More » -
Business
Home sales drop for third straight month as prices hit record high
Sales of previously occupied US homes fell in May for the third straight month as rising mortgage rates and record-high…
Read More » -
Business
Dow soars nearly 600 points after inflation gauge closely watched by Fed reignites hope for fall rate cut
The Dow jumped nearly 600 points Friday as investors breathed a sigh of relief after the Federal Reserve’s preferred inflation…
Read More » -
Business
Locked out of the US housing market? Here’s how to win ‘revenge’ in the meantime
Hacked off with soaring housing costs and stubborn mortgage rates? Disgusted by skimpy supply and the fierce bidding wars that…
Read More » -
Business
Inflation still causing pain for Americans — especially parents: Fed survey
US households continued to feel pinched by inflation in late 2023 even as price pressures ebbed, the Federal Reserve reported on…
Read More » -
Opinion
Inflation rates show Biden is gaslighting Americans on the economy
Good news: Inflation eased a tiny bit in the latest Consumer Price Index numbers. Bad news: Most other indicators suggest…
Read More »