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Interest rates may need to go higher if the Fed wants inflation at 2%
Morningstar· 1 day agoInvestors got their wish that the May consumer-price index report and the Federal Reserve's interest-rate decision, both released Wednesday, would show that U.S. ...
Inflation is still too high for the Fed. Here's how the rest of the economy doing
USA Today· 4 days agoThe annual inflation rate appears stuck above 3% as another reading Wednesday showed. The Bureau of...
Kashkari Says Fed Well-Placed to Take Its Time Ahead of Rate Cut
Bloomberg via Yahoo Finance· 2 hours ago(Bloomberg) -- Federal Reserve Bank of Minneapolis President Neel Kashkari said the central bank is...
US Inflation Data Unlikely To Alter Fed Plans To Hold Rates Steady
International Business Times· 4 days agoThe May headline consumer inflation rate is expected to be little changed from a month earlier,...
Inflation eases in May, but major relief on interest rates not coming soon
LA Times via AOL· 4 days agoAccording to inflation data released Wednesday, overall consumer prices were up 3.3% in May from a...
Inflation Slows More Than Expected in May. Does This Put Interest Rate Cuts Back on the Table?
CNET· 4 days agoA little welcome news on the inflation front: US consumer prices were unchanged in May month over...
Yellen on Trump's tariffs-taxes idea: It would ‘make life unaffordable’
Politico· 3 hours agoYellen defended the Biden administration’s economic policies during the interview, including when...
Top economist sees need for Fed change on interest rates
TheStreet via Yahoo Finance· 5 hours agoAt last week’s meeting, eight Fed officials predicted two rate cuts this year, seven predicted one...
US inflation data unlikely to alter Fed plans to hold rates steady
KPVI· 4 days agoThe May headline consumer inflation rate is expected to be little changed from a month earlier,...
Fed's Goolsbee hails slowing inflation, but says more evidence needed to cut rates
Investing.com via Yahoo Finance· 2 days agoInvesting.com -- Chicago Fed President Austan Goolsbee on Friday welcomed the softer inflation data this week, but insisted that further evidence of slowing inflation ...