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Federal Reserve official sees signs of slowing economy but not ready to cut rates
Read full article: Federal Reserve official sees signs of slowing economy but not ready to cut ratesA top Federal Reserve official said Friday that massive uncertainty created by President Donald Trump’s tariffs has caused some businesses to cut back on hiring and spending, threatening to slow the economy, but he added that it’s not yet clear whether the central bank should cut its key interest rate.
Richmond Fed president urges caution on interest rate cuts because inflation isn't defeated
Read full article: Richmond Fed president urges caution on interest rate cuts because inflation isn't defeatedA Federal Reserve official says he supports reducing the central bank’s key interest rate somewhat from its current level.
Americans' refusal to keep paying higher prices may be dealing a final blow to US inflation spike
Read full article: Americans' refusal to keep paying higher prices may be dealing a final blow to US inflation spikeThe great inflation spike of the past three years is nearly spent — and economists credit American consumers for helping slay it.
Inflation is nearly back to 2%. So why isn't the Federal Reserve ready to cut rates?
Read full article: Inflation is nearly back to 2%. So why isn't the Federal Reserve ready to cut rates?From Wall Street traders to car dealers to home buyers, Americans are eager for the Federal Reserve to start cutting interest rates and lightening the heavy burden on borrowers.
Fed's Barkin: Inflation still 'stubbornly high' and isn't easing fast enough toward 2% target
Read full article: Fed's Barkin: Inflation still 'stubbornly high' and isn't easing fast enough toward 2% targetInflation remains “stubbornly high” and is no longer making much progress toward the Federal Reserve’s 2% target, a top Fed official said Wednesday, hours after price data for April were released.