Still, there are some signs of progress in the Fed's inflation battle. Core CPI, or prices excluding the volatile energy and food costs, rose 3.2% on an annual basis, lower than the 3.3% rate ...

US government bonds had their best day in months after benign inflation data revived the case for additional Federal Reserve interest-rate cuts. The rally slashed Treasury yields across maturities ...

Due to elevated year-on-year consumer inflation rates and strong recent jobs data, financial markets reflect expectations that the Fed will not change interest rates on January 29. A change in Fed ...

Whenever an increase in the demand for money occurs, the Fed should accommodate this with inflation in order to prevent disruptions and to keep the economy on the path of economic and price stability.

UMB is expected to become the 46th largest bank in the country, with consolidated assets of $65.8 billion, according to the Fed's approval notice on Friday. Post-acquisition, Heartland Financial's ...

St. Louis Fed President Alberto Musalem said by the time of last month’s meeting the risk that inflation might get stuck between 2.5% and 3% had increased. As a result, he thought greater ...

NEW YORK, Jan 9 (Reuters) - Kansas City Federal Reserve President Jeff Schmid signaled on Thursday a reluctance to cut interest rates again as the U.S. central bank comes into the new year facing ...

Jan 9 (Reuters) - Federal Reserve Governor Michelle Bowman on Thursday said she supported last month's interest-rate cut as the "final step" in the U.S. central bank's monetary policy ...

Federal Reserve chair Jerome Powell at for a press conference in Washington D.C. last month. Photo: Andrew Cabellero-Reynolds/AFP via Getty Images ...

That’s down from the current 4.25% to 4.5% range as of January 2025. This is after the Fed cut rates in December 2024. This forecast assumes that the U.S. economy continues to grow; unemployment ...

Rising 2.4% in the year ended in November, the Fed's preferred inflation index stayed over the target set by the central bank by 2%. Officials want to lower inflation even more without appreciably ...