Some Federal Reserve officials who supported cutting a key interest rate earlier this month could have instead backed keeping ...
Policymakers slashed interest rates earlier this month to a target range of 3.5% to 3.75% with a 9-3 vote – the most dissents ...
Inflation and employment figures directly influence expectations for Fed rate decisions — and, by extension, the U.S. dollar ...
After cutting interest rates in December, the Fed struck a relatively hawkish tone. It kept the door open to cutting rates in ...
Federal Reserve policymakers were split on December's rate cut decision, with multiple dissents revealing disagreements over ...
Federal Reserve policy committee members need to see inflation fall further before they move to cut interest rates again, ...
The Bureau of Labor Statistics released the November consumer price index which showed that CPI inflation remained well above the Federal Reserve's 2% target rate.
The Federal Reserve cut rates by a quarter percentage point on December 10, but beneath the surface, the official meeting minutes reveal a sharply divided committee. The FOMC is wrestling with a ...
Current above-target inflation does not reflect underlying supply and demand dynamics that are generating price increases much closer to the central bank's 2% target, Federal Reserve Governor Stephen ...
Two top Federal Reserve officials who voted against cutting U.S. interest rates this week said inflation remains too high and the central bank should have waited for more evidence that price increases ...
Officials at the central bank have splintered over whether rising unemployment or elevated inflation poses the bigger ...
And if 2026 forecasts are correct, we may have to keep waiting.