Inflation ticks up with rate cut on horizon
Fueled by pricier used cars, hotel rooms and groceries, inflation in the United States moved slightly higher last month in the latest sign that some price pressures remain elevated.
US inflation ticked up 2.7% in November. Here's what is getting more expensive
Fueled by pricier used cars, hotel rooms and groceries, inflation in the United States moved slightly higher last month in the latest sign that some price pressures remain elevated.
Progress on inflation stalled in November as prices rose
Inflation has proved incredibly stubborn over the fall, the November consumer price index shows, thanks in part to insurance premiums, particularly for autos.
Chances of Fed rate cut rise despite higher November inflation report
The market sees the probability of another 25 basis point interest rate cut at next week's Federal Reserve meeting as rising ...
Trump Treasury pick reveals whether Fed Chair Powell will finish term
President-elect Trump's pick for Treasury secretary, Scott Bessent, has said Chair Jerome Powell will be allowed to finish ...
Bessent: Powell can serve out remainder of term as Fed chair
Scott Bessent, President-elect Trump’s pick to lead the Treasury Department, said Tuesday that Federal Reserve Chair Jerome ...
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Fed Chair Jerome Powell can serve remainder of term, says Trump's Treasury pick Bessent
Federal Reserve Chair Jerome Powell can finish his term leading the U.S. central bank despite prior insinuations that he ...
Interest Rate Forecast: How Much More Will the Fed Cut?
According to CME FedWatch, a popular interest-rate probability tracker, there’s an 88% chance of a 25-point rate cut. A similar tool from the Federal Reserve Bank of Atlanta predicts a rate cut of ...
Federal Reserve to cut rates by 25 bps on Dec. 18, pause in January: Reuters poll
The U.S. Federal Reserve will cut interest rates by 25 basis points on Dec. 18, according to 90% of economists polled by ...
Trump says he won't fire Fed Chair Jerome Powell
President-elect Trump said in an interview that he won't try to fire Federal Reserve Chair Jerome Powell despite his past ...
Trump says he doesn’t plan to remove Fed chairman Jerome Powell
President-elect Donald Trump said in an interview that aired on Sunday that he has no plans to remove Federal Reserve Chair ...
Trump chills on threat to oust Fed chairman but wants a say in policy decisions
President-elect says he has no plans to ask or order Powell to step down, in spite of past criticism of the monetary body ...