Fed Minutes Show Diverse Views on Tariffs and Inflation

While generally saying the labor market remains solid and inflation elevated but showing progress toward the Fed’s 2% annual target, the minutes reflect a mixed assessment of whether the tariffs will ... Read More

CPI data shows inflationary effect of tariffs, keeps the Fed in 'wait and see' mode

Tuesday's mixed CPI report has further solidified expectations that the Fed will continue to hold interest rates steady. Read more here. Read More

Economic news this week: See latest inflation, jobs numbers and more

What the data shows: As the primary engine of the U.S. economy, we bought $704.3 billion worth of stuff on a seasonally adjusted basis in June. That was unchanged from May. But the report had an ... Read More

5 things to know about the latest inflation report

Inflation moved up in June, due partially to businesses passing tariff costs onto consumers. Despite the uptick, President Trump is on the warpath for the Federal Reserve to cut interest rates, a ... Read More

US stock market today: S&P 500 and Nasdaq soar on Nvidia boost, CPI inflation eases, while Dow dips on bank earnings and tariff worries

US Stock market today climbed as Nvidia stock surged on hopes of renewed AI chip sales to China, with support from President Trumps trade policy shift. The S&P 500 gained 0.4% and the Nasdaq rose 0.8% ... Read More

New economic data suggests July is 'too early' for Fed rate cut

Economic data released on Tuesday showed the US economy added more job openings than economists' estimates, while the manufacturing sector contracted less significantly than expected. The fresh data ... Read More

What is stagflation? Why the Fed is facing tough decisions this week

Inflation data has been mixed: The consumer price index (CPI) dropped to 2.8% last month, the first decline in five months. The Fed’s preferred inflation measure (to be released later this month ... Read More

Fed’s Hammack: “Soft Data” Signals Concerns About Higher Inflation

Barron’s interviewed Hammack on Thursday at our offices in New York about economic conditions, Fed policies, and central-bank independence. An edited version of the discussion follows. Read More

Week Ahead for FX, Bonds: Focus on Trade News, PCE Inflation Data and ...

In Europe, provisional inflation data for May are released in several eurozone countries, while Tokyo inflation data and rate decisions in New Zealand and South Korea will provide the focus in ... Read More

Fed finds new reason for confidence in obscure inflation gauge

Fed finds new reason for confidence in obscure inflation ... Minutes from the Fed’s latest meeting, ... The Bureau of Economic Analysis will publish the PCE inflation data for December on Jan. 31. Read More

Powell: With Strong US Economy, Fed Has 'No Need To Be In A ... - Benzinga

Powell signals no rush to cut rates, cites strong U.S. economic performance. Inflation not yet at 2% target. Fed remains committed to “finishing the job.” Get daily-updated rankings across ... Read More

Consumer confidence plunged in February amid rising economic ... - CBS News

U.S. consumer confidence plummeted in February, the biggest monthly decline in more than four years, a business research group said Tuesday, with inflation seemingly stuck and a trade war under ... Read More