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Fed's inflation fears start to be realized with June CPI increase
Rising prices across an array of goods from coffee to audio equipment to home furnishings pulled inflation higher.
Trump’s attacks on Powell threaten the Fed’s independence. Here’s why it matters
Trump has criticized Powell for months because the chair has kept the short-term interest rate the Fed controls at 4.3% this ...
Fed’s Kugler Says Tariff-Driven Inflation Should Leave the Fed on Pause
Federal Reserve governor Adriana Kugler said the Fed should hold interest rates steady for a while to come, because new trade ...
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Fed Gov. Waller Calls For Urgent Rate Cut At July Meeting, Shrugging Off Trump Tariffs As ‘One-Time Boost’ To Inflation
With just two weeks to go for the next rate-setting meeting, Federal Reserve Governor Christopher Waller has called for a ...
Look at Turkey if you want to know why markets hate the idea of Trump messing with the Fed
"I certainly think there are lessons to be learned there that the administration should be aware of," said Morningstar Wealth ...
Why a $10,000 short-term CD makes sense with inflation rising again
The inflation rate rose in May and June. Here's why opening a $10,000 short-term CD in response makes sense now.
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Inflation, Fed Outlook Lift Rates
Mortgage rates rose this week, but steady inflation data suggests a more stable outlook. Buyers may benefit from clearer signals in the months ahead.
Hotter Inflation In June Will Likely Keep Fed Monetary Policy Steady For The Near Term
What is clear is that the current 4.33% median Fed funds target rate remains well above the inflation trend. Even after the ...
Fed’s Williams says tariffs are pushing up inflation, and he expects even higher prices in coming months
Higher tariffs put in place by the Trump White House this year have started to increase inflation, and these effects are ...