Inflation, Personal Consumption Expenditures
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Key Takeaways The government shutdown in October and November isn't done messing with the economy: key government reports are still delayed and distorted.A key monthly inflation gauge, Personal Consumption Expenditures,
Earlier delayed data indicated inflation cooled in the month.
Looming trade war with Europe, the U.K., may spike inflation, causing the Federal Reserve to reset interest rates.
WASHINGTON -- The Federal Reserve on Wednesday raised its short-term borrowing rate another 0.25%, intensifying the central bank's fight against inflation despite concern that previous rate increases helped trigger the nation's banking crisis. The Fed's ...
Federal Reserve Bank of Atlanta Pres. Raphael Bostic knows hiring has cooled off, but he remains most concerned about keeping inflation heating up. The Fed's main tool to fight inflation is higher interest rates,
With this being the case, the Federal Reserve’s recent decision to begin another round of quantitative easing makes zero sense, considering that inflation is still above the Federal Reserve’s annual target of 2 percent. While the Fed’s rate cut ...
BAKERSFIELD, Calif. (KGET) — Chair professor of economics Dr. Richard Gearhart discussed the inflation report and the indictment threat against the Federal Reserve’s Chair Jerome Powell. Powell is calling the DOJ’s investigation into him ‘political pressure’ and ‘intimidation’ because he predicts president Trump will be unhappy with interest rates that are “based on evidence and economic
The Fed has been tasked with a dual mandate by Congress to achieve low inflation and high employment. Learn more about the dual mandate and what it means.