Fed Says Persistent Inflation Is Seen as Top Financial Risk

Higher-than-expected interest rates amid persistent inflation are seen as the biggest threat to financial stability among market participants and observers, according to the Federal Reserve. Read More

Fed’s Powell: Too soon to say if recent higher-than-expected inflation is just a bump

Federal Reserve Chair Jerome Powell said Wednesday that it is too soon to say if the higher-than-expected ... will give Fed officials a better sense of whether progress on inflation is slowing. Read More

Fed officials consider leaving rates higher for longer

Following higher than expected inflation and labor market readings in January and February on the tail wind of a booming U.S. economy, Federal Reserve officials ... a bump,” Fed Chair Jerome ... Read More

Fed policy on hold because of 'stalled' progress on inflation, Goolsbee says

Progress on bringing down inflation has "stalled" this year, Chicago Federal Reserve President Austan Goolsbee said on Friday, becoming the latest U.S. central banker to drop an earlier focus on the ... Read More

Fed officials still betting on inflation slowdown, but caution rising

In an interview with Yahoo Finance, Chicago Fed President Austan Goolsbee said the persistence of housing inflation continues to surprise ... higher policy rate of interest at the end of 2024 than ... Read More

Fed keeps interest rates unchanged, still expects three cuts this year

Federal Chair Jerome Powell said recent high inflation readings had not changed the underlying “story ... recent stronger-than-expected inflation. Back in December, 11 officials had seen ... Read More

World faces permanently higher interest rates, warns Bank of England official

Inflation fell less than expected in Britain last month, official figures show, as Andrew Bailey indicated the Bank of England will begin cutting interest rates this summer. Read More

Fed’s Powell: Too soon to say if recent higher-than-expected inflation is just a bump

Federal Reserve Chair Jerome Powell said Wednesday that it is too soon to say if the higher-than-expected inflation seen ... While most Fed officials see a likelihood for interest-rate cuts ... Read More

Fed's Powell: Too soon to say if recent higher-than-expected inflation is just a bump

Federal Reserve Chair Jerome Powell said Wednesday that it is too soon to say if the higher-than-expected ... will give Fed officials a better sense of whether progress on inflation is slowing. Read More