Today: September 21, 2024
Today: September 21, 2024

Latest From CHRISTOPHER RUGABER

Business|News

Federal Reserve minutes: Some officials highlighted worsening inflation last month

Some Federal Reserve policymakers argued at their most recent meeting in March that inflation was likely worsening, even before the government reported Wednesday that price increases re-accelerated last month

Federal Reserve minutes: Some officials highlighted worsening inflation last month
Business|News

Key question before US reveals latest consumer prices: Is inflation cooling enough for the Fed?

An eagerly awaited report Wednesday on consumer prices will show whether inflation is still easing, a trend the Federal Reserve will weigh in deciding when and by how much — or even whether — to cut interest rates this year

Key question before US reveals latest consumer prices: Is inflation cooling enough for the Fed?
Business|Environment|News|Political|World

Will China flood globe with EVs, green tech? What's behind latest US-China trade fight

China’s burgeoning production of electric cars and other green technologies has become a flashpoint in a new U.S.-China trade fight

Will China flood globe with EVs, green tech? What's behind latest US-China trade fight
Business|Economy|News

When will Fed cut rates? As US economy flexes its muscles, maybe later or not at all

Ever since the Federal Reserve signaled last fall that it was likely done raising interest rates, Wall Street traders, economists, would-be homeowners — pretty much everyone — began obsessing over a single question: When will the Fed start cutting rates

When will Fed cut rates? As US economy flexes its muscles, maybe later or not at all
Business|News

Powell: Federal Reserve is still on track to cut rates despite signs of persistent inflation

Federal Reserve officials will likely reduce their benchmark interest rate later this year, Chair Jerome Powell said, despite recent reports showing that the U.S. economy is still strong and that U.S. inflation picked up in January and February

Powell: Federal Reserve is still on track to cut rates despite signs of persistent inflation
Business|News

Powell may provide hints of whether Federal Reserve is edging close to rate cuts

The latest measures of U.S. inflation have turned out to be hotter than expected

Powell may provide hints of whether Federal Reserve is edging close to rate cuts
Business|News

Federal Reserve is likely to preach patience as consumers and markets look ahead to rate cuts

Across the United States, many people are eagerly anticipating the Federal Reserve’s first cut to its benchmark interest rate this year: Prospective home buyers hope for lower mortgage rates

Federal Reserve is likely to preach patience as consumers and markets look ahead to rate cuts
Business|Economy|News

US consumer sentiment ticks down slightly, but most expect inflation to ease further

Consumers became slightly less optimistic about the economy this month, though they continue to expect inflation to cool further, a potential sign that price increases will keep slowing

US consumer sentiment ticks down slightly, but most expect inflation to ease further
Business|News

US wholesale prices picked up in February in sign that US inflation pressures remain elevated

Wholesale prices in the United States picked up again in February, the latest sign that inflation pressures remain elevated and might not cool in the coming months as fast as the Federal Reserve or the Biden administration would like

US wholesale prices picked up in February in sign that US inflation pressures remain elevated
Business|News

US inflation likely stayed elevated last month as Federal Reserve looks toward eventual rate cuts

Consumer prices likely rose last month at a pace that would exceed the Federal Reserve’s inflation target, underscoring why the Fed is being cautious as it considers when to cut interest rates and suggesting that inflation will remain a potent issue in President Joe Biden’s re-election race

US inflation likely stayed elevated last month as Federal Reserve looks toward eventual rate cuts
Business|News

Federal Reserve's Powell: Regulatory proposal criticized by banks will be revised by end of year

A sweeping bank regulatory proposal will be significantly revised by year’s end, Federal Reserve Chair Jerome Powell said Thursday, a potential victory for the large banks that have aggressively opposed the likely changes

Federal Reserve's Powell: Regulatory proposal criticized by banks will be revised by end of year
Business|News

Fed Chair Powell's testimony to be watched for any hint on rate-cut timing

Federal Reserve Chair Jerome Powell begins two days of testimony to Congress on Wednesday, with two issues likely to dominate the questions he'll face: When will the Fed start cutting interest rates, and by how much

Fed Chair Powell's testimony to be watched for any hint on rate-cut timing
Business|News|Political

Federal Reserve's preferred inflation gauge picked up last month in sign of still-elevated prices

An inflation gauge favored by the Federal Reserve increased in January, the latest sign that the slowdown in U.S. consumer price increases is occurring unevenly from month to month

Federal Reserve's preferred inflation gauge picked up last month in sign of still-elevated prices
Business|News

Consumers are increasingly pushing back against price increases — and winning

Inflation has changed the way many Americans shop

Consumers are increasingly pushing back against price increases — and winning
Business|News

Federal Reserve officials caution against cutting US interest rates too soon or too much

Several Federal Reserve policymakers are warning against cutting U.S. interest rates too soon or by too much in the wake of recent data showing inflation stayed unexpectedly high in January

Federal Reserve officials caution against cutting US interest rates too soon or too much
Business|News

Federal Reserve minutes: Officials worried that progress on inflation could stall in coming months

Federal Reserve officials acknowledged at their most recent meeting in January that there had been “significant progress” in reducing inflation

Federal Reserve minutes: Officials worried that progress on inflation could stall in coming months
Business|Economy|News

Consumers sentiment rose slightly last month as growth improves, inflation falls

A measure of consumer sentiment ticked higher this month, after soaring in December and January, underscoring that Americans are starting to feel better about the economy after years of gloom

Consumers sentiment rose slightly last month as growth improves, inflation falls
Business|News

US wholesale inflation accelerated in January in latest sign that prices picked up last month

Wholesale prices in the United States accelerated in January, the latest sign that some inflation pressures in the economy remain elevated

US wholesale inflation accelerated in January in latest sign that prices picked up last month
Business|News

Inflation might have dropped below 3% last month for 1st time in 3 years, a milestone for Biden

Inflation may have fallen below a 3% annual rate last month, which would be the lowest level in nearly three years and a potentially significant milestone as the Biden administration seeks to bolster Americans’ views of the economy before the November elections

Inflation might have dropped below 3% last month for 1st time in 3 years, a milestone for Biden
Business|Economy|News

Inflation is nearly back to 2%. So why isn't the Federal Reserve ready to cut rates?

From Wall Street traders to car dealers to home buyers, Americans are eager for the Federal Reserve to start cutting interest rates and lightening the heavy burden on borrowers

Inflation is nearly back to 2%. So why isn't the Federal Reserve ready to cut rates?
Business|Economy|News

Powell: Federal Reserve on track to cut rates this year with inflation slowing and economy healthy

Chair Jerome Powell said in an interview broadcast Sunday night that the Federal Reserve remains on track to cut interest rates three times this year, a move that’s expected to begin as early as May

Powell: Federal Reserve on track to cut rates this year with inflation slowing and economy healthy
Business|News

Where the jobs are: Strong hiring in most industries has far outpaced high-profile layoffs

Blockbuster job growth in the past several months has coincided with high-profile layoff announcements by a number of large companies

Where the jobs are: Strong hiring in most industries has far outpaced high-profile layoffs
Business|News

US worker paycheck growth slowed late last year, suggesting cooling in the job market

Pay and benefits for America’s workers slowed last quarter, a trend that could affect the Federal Reserve’s decision about when to begin cutting interest rates

US worker paycheck growth slowed late last year, suggesting cooling in the job market
Business|News

Federal Reserve is likely to show little urgency to cut interest rates despite market's anticipation

The Federal Reserve will likely move closer Wednesday to cutting its key interest rate after nearly two years of hikes that were intended to fight the worst inflation in decades

Federal Reserve is likely to show little urgency to cut interest rates despite market's anticipation
Business|Economy|News

Inflation has slowed. Now the Federal Reserve faces expectations for rate cuts

Chair Jerome Powell will enter this week’s Federal Reserve meeting in a much more desirable position than he likely ever expected: Inflation is getting close to the Fed’s target rate, the economy is still growing at a healthy pace, consumers keep spending and the unemployment rate is near a half-century low

Inflation has slowed. Now the Federal Reserve faces expectations for rate cuts

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