inflation
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Finance
Fed officials were divided on whether to cut rates by half a point in September, minutes show
WASHINGTON – Federal Reserve officials at their September meeting agreed to cut interest rates but were unsure how aggressive to…
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Finance
Fed rate cuts should favor preferred stocks, Virtus money manager says
One financial firm is trying to capitalize on preferred stocks – which carry more risks than bonds, but aren’t as…
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Economy
Key Fed inflation gauge at 2.2% in August, lower than expected
Inflation moved closer to the Federal Reserve’s target in August, easing the way for future interest rate cuts, the Commerce…
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Economy
September consumer confidence falls the most in three years
Consumers’ view on the economy tumbled in September, falling by the largest level in more than three years as fears…
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Finance
Minneapolis Fed President Kashkari sees a slower pace of rate cuts ahead
Minneapolis Federal Reserve President Neel Kashkari said Monday that he expects policymakers to dial down the pace of interest rate…
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Finance
Fed Governor Waller says inflation softening faster than he expected put him in half-point-cut camp
Federal Reserve Governor Christopher Waller said Friday he supported a half percentage point rate cut at this week’s meeting because…
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Finance
Fed slashes interest rates by a half point, an aggressive start to its first easing campaign in four years
WASHINGTON – The Federal Reserve on Wednesday enacted its first interest rate cut since the early days of the Covid…
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Finance
The Fed’s biggest interest rate call in years happens Wednesday. Here’s what to expect
Federal Reserve Chairman Jerome Powell takes a question from a reporter during a news conference following a Federal Open Market…
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Finance
Here’s the deflation breakdown for August 2024 — in one chart
D3sign | Moment | Getty Images Inflation cooled in August and fell to its lowest level since February 2021, which…
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Economy
Consumer prices rose 0.2% in August as annual inflation rate hits lowest since early 2021
Inflation in August declined to its lowest level since February 2021, according to a Labor Department report Wednesday that also…
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