A top Federal Reserve official said Monday that stubbornly high inflation and the renewal of combat in the Middle East in August were key reasons she supported raising borrowing costs last week, when ...
Learn more Many investors are surprised that the broader benchmark S&P 500 (SNPINDEX: ^GSPC) has been so resilient this year.
By Howard Schneider WASHINGTON, Sept 21 (Reuters) - The Federal Reserve will likely need to hike interest rates further to ...
"So even if we strip out energy, which is really volatile, and strip out food ... inflation is still too high," Kashkari ...
The 10-year Treasury yield pushed to roughly 5.01% around Wednesday’s decision, a level not seen in 19 years, while the ...
President Donald Trump has renewed his attacks on the Federal Reserve after it hiked its benchmark interest rate Wednesday, ...
The Federal Reserve’s first increase to interest rates since July 2023 comes less than two months before the midterm ...
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Fed's Goolsbee: Strong demand may be adding to US inflation, 'no ambiguity' how Fed would react
By Howard Schneider WASHINGTON, Sept 21 (Reuters) - U.S. inflation may have moved beyond the tariff and energy prices shocks of the last 18 months and now being driven by strong demand as well, ...
Welcome to The Hill’s Business & Economy newsletter{beacon} Business & Economy Business & Economy The Big Story Fed official: Inflation still too high in ...
Federal Reserve Bank of St. Louis President Alberto Musalem said in an interview with Reuters that further interest rate increases may be needed to bring inflation back to the central bank's target.
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