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

Latest From Howard Schneider

Economy

Fed's Cook: US data consistent with a soft landing

U.S. inflation should continue to fall without a significant further rise in the unemployment rate, Federal Reserve Governor Lisa Cook said on Wednesday.

Fed's Cook: US data consistent with a soft landing
Business|Economy

Powell says Fed will cut rates when ready, regardless of political calendar

Federal Reserve Chair Jerome Powell said on Wednesday the U.S. central bank will make interest rate decisions "when and as" they are needed, pushing back on a

Powell says Fed will cut rates when ready, regardless of political calendar
Economy|News

US economy no longer overheated, Fed's Powell tells Congress

The U.S. is "no longer an overheated economy" with a job market that has cooled from its pandemic-era extremes and in many ways is back where

US economy no longer overheated, Fed's Powell tells Congress
Economy

US inflation easing, job market similar to pre-pandemic conditions, Fed report says

Inflation is easing and the job market has returned to the "tight but not overheated" situation seen before the COVID-19 pandemic threw the U.S. economy into disarray,

US inflation easing, job market similar to pre-pandemic conditions, Fed report says
Economy|News

Fed officials at last meeting saw price pressures in decline, minutes show

Federal Reserve officials at their last meeting acknowledged the U.S. economy appeared to be slowing and that "price pressures were diminishing," but still

Fed officials at last meeting saw price pressures in decline, minutes show
Economy|News

Fed's Bostic says inflation moving in 'right direction,' sees one Q4 rate cut

Inflation in the U.S. "appears to be narrowing" and that should allow the Federal Reserve to cut interest rates later this year, Atlanta Fed President

Fed's Bostic says inflation moving in 'right direction,' sees one Q4 rate cut
Opinion|Political

Are you better off today? A question for voters as Biden, Trump debate

Perhaps the most famous one-liner in a presidential debate, Ronald Reagan's "Are you better off than you were four years ago?"

Are you better off today? A question for voters as Biden, Trump debate
Economy

Fed's inflation puzzle still missing a piece or two

U.S.

Fed's inflation puzzle still missing a piece or two
Business

Fed's Powell, Jefferson to square 'restrictive' policy with strong data

Federal Reserve Chair Jerome Powell and Vice Chair Philip Jefferson will make what are likely to be their last public comments before the U.S. central bank's

Fed's Powell, Jefferson to square 'restrictive' policy with strong data
Business

US growth may be a global boon, but inflation could derail the train

U.S. economic growth that keeps motoring above its potential is emerging as a key prop for an ongoing global expansion, but spillovers from persistently high

US growth may be a global boon, but inflation could derail the train
Business

Fed's balancing act could see June rate cut in play even with sticky inflation

Federal Reserve Chair Jerome Powell says the central bank is not growing more tolerant of higher inflation even though the latest policymaker projections

Fed's balancing act could see June rate cut in play even with sticky inflation
Business

Fed's Cook says cautious approach needed to policy easing

The U.S. central bank needs to proceed carefully as it decides when to begin cutting interest rates, Federal Reserve Governor Lisa Cook said on Monday,

Fed's Cook says cautious approach needed to policy easing
Business

Fed's rate-cut confidence likely shaken but not yet broken by inflation

Federal Reserve officials left their policy meeting in late January in search of "greater confidence" that inflation was on a sustainable downward path, a

Fed's rate-cut confidence likely shaken but not yet broken by inflation
Business

As the cookie crumbles, election year inflation debate could get messy

U.S.

As the cookie crumbles, election year inflation debate could get messy
Business

Fed's Powell says aware of policy risks to workers, but cuts depend on inflation

Federal Reserve Chair Jerome Powell told U.S. lawmakers on Thursday the central bank was "well aware" of the risks its tough monetary policy posed to workers

Fed's Powell says aware of policy risks to workers, but cuts depend on inflation
Business

Fed's Bowman: "Not yet" ready for rate cuts, willing to hike again if needed

The U.S. economy is not at the point where the Federal Reserve should reduce interest rates, Fed Governor Michelle Bowman said on Thursday, and while the

Fed's Bowman: "Not yet" ready for rate cuts, willing to hike again if needed
Business

Fed's Powell: Don't expect a soft landing victory lap

The soft landing, it appears, will not be televised.

Fed's Powell: Don't expect a soft landing victory lap
Business

Fed's Logan: Fed will feel its way to balance sheet limit

The U.S.

Fed's Logan: Fed will feel its way to balance sheet limit
Business

Fed's Waller: Upcoming balance sheet decisions have no bearing on monetary policy

The Federal Reserve's upcoming decisions about the ultimate size of its balance sheet has no bearing on the central bank's inflation fight or changes to its

Fed's Waller: Upcoming balance sheet decisions have no bearing on monetary policy
Business

QT not quite "paint drying," but having little impact so far -research

The move by major central banks to reduce their asset holdings, begun in 2022 as part of their inflation fight, has had only a modest impact on interest rates

QT not quite "paint drying," but having little impact so far -research
Business

Analysis - Supply still matters: Why US housing inflation relief may be short-lived

U.S.

Analysis - Supply still matters: Why US housing inflation relief may be short-lived
Business

Fed's Jefferson says he is 'cautiously optimistic' about inflation

Federal Reserve Vice Chair Philip Jefferson said on Thursday he remained "cautiously optimistic" about the U.S. central bank's progress in bringing inflation

Fed's Jefferson says he is 'cautiously optimistic' about inflation
Business

Fed's Barr: January data shows path to 2% inflation will be "bumpy"

Hotter-than-expected inflation in January shows that the U.S.'s path back to 2% inflation "may be a bumpy one," Fed Vice Chair for Supervision Michael Barr

Fed's Barr: January data shows path to 2% inflation will be "bumpy"
Business

Fed policy shift needs a farewell to 'elevated' inflation

As they navigated the onset of the COVID-19 pandemic Federal Reserve officials had a steady progression of descriptions for inflation, first saying it

Fed policy shift needs a farewell to 'elevated' inflation
Business

Fed's faith in 'immaculate disinflation' narrative put to the test

The Federal Reserve will conclude a two-day policy meeting on Wednesday, with officials parsing evidence of slowing inflation alongside continued labor

Fed's faith in 'immaculate disinflation' narrative put to the test

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