News

Key inflation rate shows biggest rise in 6 months, CPI shows, but Fed rate cut still appears in play

Someone has to pay the cost of higher U.S. tariffs — and part of the cost finally appears to be falling on consumers. A key ...

Fed board contenders Miran, Bullard say Trump's tariffs are not causing inflation

Both did not commit to how they would vote on interest rates. However, they praised Trump's pro-growth agenda.

The case for Fed rate cuts suddenly has some holes

Wall Street rallied as traders bolstered their bets for an imminent rate cut, but the latest inflation data for July should ...

Fed’s Barkin Says Balance Between Jobs, Inflation Risks Unclear

Federal Reserve Bank of Richmond President Tom Barkin said uncertainty over the direction of the US economy is decreasing, ...

US inflation held steady as mild tariff hit offset by cheaper gas, food

U.S. inflation was unchanged in July as rising prices for some imported goods were balanced by falling gas and grocery prices ...

The ‘Fed put’ is back: If Tuesday’s inflation report is bad expect chaos in the markets

Investors think the Fed will almost definitely cut interest rates in September, and they are hoping that the consumer price ...

Inflation Rose Less Than Expected In July, But 'Core' Inflation Stayed Hot

The annual inflation rate held steady in July as President Donald Trump's tariffs had less of an impact on some consumer ...

Inflation unchanged from June but fears of tariff price increases continue

Annual inflation stayed steady in July at 2.7% and rose 0.2% from June. But “core” inflation that doesn’t include volatile ...