Federal Reserve Bank of Cleveland President Beth Hammack reckons the U.S. central bank can keep steadily shrinking its balance sheet through a period of uncertain government finances, while noting she is disinclined to support an interest rate hike even if inflation pressures do not retreat quickly enough.
The head of a new congressional panel gearing up to strengthen Capitol Hill's oversight of the Federal Reserve plans a broad review of how the U.S. central bank makes its interest rate decisions, including whether controlling inflation should be prioritized over safeguarding employment.
· 11d
Fed's Goolsbee says PCE inflation reading unlikely to be as 'sobering' as CPI
The PCE report, the Fed's preferred inflation measure, is out. Here's what it says.
A large majority of Americans say their incomes aren't keeping pace with inflation. Here's what the numbers say.
Stock Futures Tick Higher After PCE Inflation Data
Stock futures ticked higher after the Federal Reserve’s preferred inflation gauge came in as expected in January. The personal consumption expenditures price index rose 0.3% in January from December.
Federal Reserve Bank of Cleveland President Beth Hammack reckons the U.S. central bank can keep steadily shrinking its balance sheet through a period of uncertain government finances, while noting she is disinclined to support an interest rate hike even if inflation pressures do not retreat quickly enough.
The head of a new congressional panel gearing up to strengthen Capitol Hill's oversight of the Federal Reserve plans a broad review of how the U.S. central bank makes its interest rate decisions, including whether controlling inflation should be prioritized over safeguarding employment.
The head of a new congressional panel gearing up to strengthen Capitol Hill's oversight of the Federal Reserve plans a broad review of how the U.S. central bank makes its interest rate decisions, including whether controlling inflation should be prioritized over safeguarding employment.
Inflation rose 2.5% over the year in January compared to 2.6% in December, marking the first decrease in four months.
Inflation decelerated but people are spending less and saving more as prices keep rising and wage growth slows. It’s worrying news for the Fed and economy.
Inflation dropped slightly in January but consumer spending, the primary driver of the U.S. economy, also saw its biggest decline in four years.
Inflation traders are positioning for a consumer-price index that produces a seven-month string of annual headline inflation readings from the consumer-price index that are near or slightly above 3% — a stretch that’s tantamount to a short-term shock in price gains.
Inflation in the Federal Reserve’s preferred price gauge eased in January after making steady increases throughout the fall. The personal consumption expenditures (PCE) price index increased by
The Atlanta Federal Reserve is projecting a contraction of the nation’s gross domestic product (GDP) of 1.5 percent in the first quarter, flashing a warning sign for the U.S. economy. The
Some results have been hidden because they may be inaccessible to you
Show inaccessible results
Feedback