Worries of a Fed policy mistake are growing amid a hot economy and sticky inflation

The fear among some commentators is that the Fed is cutting rates in a hot economy with inflation above target, raising the risk it has to hike again. Read More

Trump’s latest personnel decision is good news for inflation

This is why it is good that President-elect Donald Trump has now said he would not try to fire Fed Chair Jerome H. Powell. The incoming administration should stick to preserving the Federal Reserve’s ... Read More

Inflation increased in November, complicating Fed's next rate decision

The inflation gauge makes up the last piece of significant economic data before the Fed announces its next interest rate decision on Dec. 18. A finding of accelerated price hikes may give the Fed ... Read More

Inflation Ticks Up, as the Fed’s Victory Remains Incomplete

Still, for the Federal Reserve ... economic data. “It could have been better, it could have been worse,” Michael Feroli, chief U.S. economist at J.P. Morgan, said of the fresh inflation ... Read More

Inflation rose to 2.6% in October in first increase in six months

The increase is unwelcome news for the economy and President-elect ... a quarter of a percentage point. The Fed’s goal is 2% annual inflation. “Three months in a row for 0.3% core monthly ... Read More

Fed Chair Jerome Powell says no need to rush rate cuts, cites strong economy

The strength we are currently seeing in the economy gives us ... s strengths include a still-low 4.1% unemployment rate. Christopher Sadowski The Fed uses the headline PCE reading to set its 2% ... Read More