News

Federal Reserve official sees signs of slowing economy but not ready to cut rates
A top Federal Reserve official said Friday that massive uncertainty created by President Donald Trump's tariffs has caused ...
Fed can't afford to be preemptive due to inflation: Portfolio mgr.
As the Federal Reserve holds interest rates steady in May, Fed Chair Jerome Powell stated that the risks of higher ...
Fed Officials Stick to Cautious Message on Rate Cuts Despite Pressure From Trump
Jerome H. Powell, chair of the Federal Reserve, has made clear that pre-emptive interest rate cuts are not appropriate for ...
Trump just said there's 'no inflation' in the US. But it's still higher than what the Fed wants.
Trump has argued that inflation is down before. While it's steadily ebbed in recent years, prices are still rising faster ...
Sharemarket rally faces reality check as inflation anxiety returns
The ASX is poised for a cautious open on Monday, as strategists warn its dazzling rebound over the past month is running out ...
New York Fed Survey Finds Consumers Ambivalent on Inflation Outlook
Consumers sent mixed signals about their inflation expectations in the New York Fed’s April survey. But the poll showed no ...
Warsh Suggests Fed’s Tariff Remarks Imply Impaired Credibility
Kevin Warsh, who is seen as a possible contender to be the next Federal Reserve chair, suggested the US central bank would be ...
Federal Reserve faces tough balancing act between fighting inflation and spurring economic growth
The duties, Powell acknowledged, could both slow growth and lift prices, which puts the Fed in a tough spot. It would usually ...