PCE Report Shows Fed's Favorite Inflation Measure Accelerated In December
The Federal Reserve's preferred measure of inflation picked up in December, pushing the central bank's goal of a 2% annual rate farther into the distance.
Fed's Bowman Skeptical That Central Bank Still Very Restrictive
Federal Reserve governor Michelle Bowman said Friday that she would prefer only gradual future easing of the central bank's interest-rate policy.
The Fed Is Sitting on the Sidelines, but for How Long?
The relative calm in the markets may not survive upheaval in the A.I. sector and a deluge of disruptive Trump policies, our ...
Times-Standard1h
Inflation ticked higher last month, in latest sign of persistent price pressures
WASHINGTON (AP) — An inflation gauge closely watched by the Federal Reserve rose slightly last month, the latest sign that ...
Traders Bet Fed's Next Rate Cut Will Wait Until June
Traders on Friday kept bets that the Federal Reserve will wait until June to resume interest rate cuts, after government data ...
Bowman: Inflation Risks to the Upside, Further Rate Cuts Should Be Gradual, Cautious
WASHINGTON (Reuters) - Federal Reserve governor Michelle Bowman said she still expects declining inflation to allow further ...
NBC Los Angeles2h
Key Fed measure shows core inflation at 2.8%, in line with expectations
The personal consumption expenditures price index for December was expected to show a 2.6% increase on an annual basis ...
American Banker5h
Who will Trump pick to run his banking agenda at the Fed?
Federal Reserve Gov. Michelle Bowman is widely seen as the president's most likely choice for vice chair for supervision, a ...
GDP Prints At Just 2.3%; 40 Bps Below Expectations
GDP growth for Q4 2024 was 2.3%, below the 2.7% consensus estimate and our forecast range of 2.75% (+/-25 bps). Read more on ...
Politifact1d
New Trump tariffs could put even more downward pressure on economy because they’re less targeted
Economists say Trump’s second-term tariffs, if carried out as promised, could put even more downward pressure on the economy, because he’s framed them as across-the-board, rather than targeted to ...
CBS Sacramento on MSN1d
Marysville is home to one of California's most extensive Chinese history museums
Kayla Moeller reports.
NBC Los Angeles1d
Fed holds rates steady, takes less confident view on inflation
The post-meeting statement offered a somewhat more optimistic view on the labor market while dropping a key reference from ...