News

The Fed’s Preferred Inflation Gauge Was Slightly Hotter in May, as Spending Cooled
Most economists and policymakers are bracing for price pressures to intensify this summer because of President Trump’s ...
Semiannual Monetary Policy: Powell Tells Congress Why The Fed Won't Cut Rates Now
The Fed stays focused on inflation and employment, with no rate cuts expected soon. Check out my analysis on Fed policy and ...
Trump Encourages Powell to Resign in Latest Attack on the Fed Chair
Jerome H. Powell, whose term does not expire until May, has argued that the central bank can afford to be patient about ...
Gloomy Americans cut back on spending as inflation ticks higher
A key inflation gauge moved higher in May in the latest sign that prices remain stubbornly elevated while Americans also cut ...
Trump has ramped up pressure on Fed Chair Powell to cut rates. There's one big reason it probably won't work.
Trump has been highly critical of Fed chair Powell for not cutting rates. Some see Trump's pressure campaign against the ...
Core inflation rate rose to 2.7% in May, more than expected, Fed's preferred gauge shows
The PCE price index was projected to rise 0.1% in May, with the annual inflation rate at 2.3%, according to the Dow Jones ...
A look at who could replace Powell as Fed chair
A closer look at the people who may succeed Jerome Powell as the next Federal Reserve chair reveals a list of candidates with ...
Hassett: Inflation Is Lowest It's Been In 4 Years. If The Fed Were Data Driven, They Would Be Lowering Interest Rates
Director of the National Economic Council Kevin Hassett told "Special Report" host Bret Baier he has "high confidence" ...
New inflation reading won’t end rate-cut debate between Fed doves and hawks
An escalating debate within the Federal Reserve about the case for interest rate cuts is not going to be settled by a new ...
Malay Mail1h
Trump slams US Fed chair Powell as ‘stubborn mule’ after mild inflation rise and consumer spending dip
The US Federal Reserve’s preferred inflation measure logged a mild uptick yesterday while spending weakened, triggering ...