News

Fed’s Preferred Inflation Gauge Subdued in April as Spending Slows
The Federal Reserve has put interest rate cuts on hold until it has more clarity about President Trump’s policies.
Fed’s Bostic Wants More Progress on Inflation, in No Rush to Cut
Federal Reserve Bank of Atlanta President Raphael Bostic said he’s in no rush to move interest rates, adding he wants to see ...
Fed’s preferred inflation gauge cools to lowest level since September — calming rattled markets
Economists and some business executives have warned that prices will likely head higher as Trump’s widespread tariffs take ...
ECB Cuts Rates for Eighth Time, Widening Gap With Fed
The ECB’s rate cuts have drawn the attention of President Trump, who has criticized the more cautious stance of Federal ...
Inflation rate slows again and almost hits Fed’s 2% goal, but trade wars could spoil the party
The cost of living barely rose in April — and the rate of inflation slowed even closer to prepandemic levels — but it’s ...
Chicago Fed chief: Iowa, with its manufacturing and ag jobs, highly affected by tariffs
The head of the Chicago Federal Reserve says tariffs cast uncertainty over Iowa's economy due to its reliance on agriculture ...
Europe cuts interest rates again, day after Trump renews attacks on the Fed
The European Central Bank on Thursday cut its main interest rate again, citing falling inflation.
Fed Chair Powell reveals new inflation target
Federal Reserve Chair Jerome Powell unveiled the central bank's monetary policy framework for 2025 Monday morning. "It ...