Fed officials dial back rate forecasts, signal just one ’24 cut
Federal Reserve officials penciled in just one interest-rate cut this year and forecast more cuts for 2025, reinforcing policymakers’ calls ...
Tag: Federal Reserve
Strong US payrolls and wage growth push back bets for Fed cuts
US job growth surged in May and wages accelerated, prompting traders to push back the expected timing of Federal Reserve ...
Fed’s Favored Inflation Gauge Cools, Spending Unexpectedly Drops
The Federal Reserve’s preferred measure of underlying US inflation moderated in April and consumers dialed back their spending, supporting plans ...
Fed: Incentives pick up as auto sales fall flat
Automotive retail sales were mostly flat in April as manufacturers continued to offer incentives to spur sales amid affordability concerns ...
Fed inflation debate shifts to how far goods prices can drop
As Federal Reserve officials stare down the last mile in their campaign against inflation, one key question is becoming increasingly ...
Fed cites lack of progress on inflation, holds rates steady
The Federal Reserve signaled fresh concerns about inflation while indicating it was likely to keep borrowing costs elevated for longer ...
US economy slows and inflation jumps, damping soft-landing hopes
US economic growth slid to an almost two-year low last quarter while inflation jumped to uncomfortable levels, interrupting a run ...
Fed: Auto sales follow sluggish trend
Automotive retail sales continued to slow in March due to high interest rates and vehicle prices paired with affordability concerns. ...
