US inflation ticks up to 2.6% – What’s the Federal Reserve to do now?
Inflation in the United States just hit 2.6% in October, giving the Federal Reserve plenty to chew on before its next – and final – meeting of the year. With President-elect Donald Trump about to take back the Oval Office,
The Federal Reserve lowered its key interest rate by a quarter point
While Wall Street rejoiced in President Trump’s decisive win in Tuesday’s election and the Federal Reserve lowered its key interest rate by a quarter point, many members of the dairy industry gathered in Chicago for the American Dairy Products Institute Dairy Purchasing and Risk Management seminar.
Federal Reserve cuts its key interest rate by a quarter-point amid post-election uncertainty
The Federal Reserve cut its key interest rate by a quarter-point in response to the steady decline in the once-high inflation that had angered Americans and helped drive Donald Trump’s presidential election victory this week.
Federal Reserve should proceed 'with caution' on rate cuts, Fed president Logan says
The U.S. central bank should proceed cautiously on further interest rate cuts to keep from inadvertently reigniting inflation.
The Federal Reserve gives Americans another interest-rate cut
Two days after Donald Trump won the presidential election, the Federal Reserve announced a 25-basis-point interest-rate cut.
Inflation Picks Up to 2.6%, but Door Stays Open to Fed Rate Cut
The Labor Department on Wednesday reported that consumer prices in October rose 2.6% from a year earlier. That marks a pickup in the pace of inflation from September, when prices were up 2.4% on the year.
Fed's Powell had pointed to 'bumps' in road to 2% inflation
Federal Reserve Chair Jerome Powell had mentioned last week that the road to 2% inflation would not be a straight line. "We expect there to be bumps," Powell said, at his press conference last week. Later,
U.S. inflation rose 2.6% in October, a month after the Federal Reserve began cutting rates
U.S. inflation rose 2.6% on an annual basis last month, representing an uptick from September when the Federal Reserve began cutting interest rates amid signs of cooling prices and a weaker labor market.
Fed’s Kashkari Says Inflation Data Moving In Right Direction
Are the Fed's Rate Cuts Over Now That Inflation Is Rising Again?
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S&P 500: Neither Trump Nor The Fed Can Fix Inflation
Prepare for higher inflation and market volatility with trades like SPY puts. Click here to read my analysis post-election.
Top Federal Reserve official defends central bank’s independence in wake of Trump win
WASHINGTON (AP) — A Federal Reserve official gave a lengthy defense of the central bank’s political independence Thursday, ...
Bloomberg L.P.1h
Richard Clarida on What Comes Next for the Federal Reserve
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Federal Reserve Chair Jerome Powell says won't resign if pressured by Trump after interest rate cuts
Federal Reserve Board Chairman Jerome Powell (L) and President-elect Donald Trump (R). AP US Federal Reserve Chair ...
CBS News on MSN6d
The Federal Reserve made a rate cut decision today. Here's the impact on your money.
The Federal Reserve on Thursday made its second rate cut of this year, with the decision coming less than two months ...
The Federal Reserve as we know it could soon be turned on its head
That’s because, as one former Federal Reserve chair famously said, central bankers’ job is to remove the punchbowl right ...
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Can Trump Remove the Head of the Federal Reserve?
Trump has repeatedly argued that he does not agree with Jerome Powell. Will he try to remove him from the Federal Reserve?
Federal Reserve 'in position' to respond to risks as needed, Fed President Barkin says
Nov 12 (Reuters) - With inflation close to the Federal Reserve's 2% target, the labor market resilient, and the U.S. central ...
Missouri ranks 14th among states with smallest debt increases, WalletHub reports
Household debt continues to rise across the United States, reaching over $17.9 trillion across the United States through the ...