Core Inflation Hits 2.9% In July, As Fed Rate Cut Hopes Rise For September

Inflation rose in July as measured by the Federal Reserve’s preferred index, reflecting the impact of President Donald Trump’s tariffs on the U.S. economy, according to CNBC. Inflation ticked higher ... Read More

Fed Still on Track for September Rate Cut After Trump's Move on Cook

(Reuters) -President Donald Trump's attempt to fire Federal Reserve Governor Lisa Cook is unlikely to affect the U.S. central bank's path toward cutting interest rates next month, but it creates new ... Read More

Key U.S. inflation gauge creeps higher, but not high enough to stave off Fed interest-rate cut

The numbers: A key measure of inflation rose in July at a rate that suggests persistent price pressures tied to higher U.S. tariffs, but the increase probably wasn’t big enough to dissuade the Federal ... Read More

Fed Chair Jerome Powell Signals September Rate Cut in Jackson Hole Speech, Saying 'Balance of Risks' Is Shifting From Inflation to Layoffs

Federal Reserve Chair Jerome Powell has signaled a possible interest rate cut in September, saying that the "balance of risks" in the economy could be shifting away from inflation and toward rising ... Read More

Fed still on track for September rate cut after Trump's move on Cook

Trump's attempt to fire Fed Governor Cook creates uncertainty Markets expect Fed rate cut in September, with 86% probability Fed officials concerned about inflation and job market risks Aug 26 ... Read More