Central bankers have been debating whether a final rate move is needed. A cooler-than-expected October inflation report may take the heat off.
Category: Federal Reserve System
Fed Chair Recalls Inflation ‘Head Fakes’ and Pledges to Do More if Needed
Jerome H. Powell, the Federal Reserve chair, said officials would proceed carefully. But if more policy action is needed, he pledged to take it.
Fed Holds Interest Rates Steady and Pledges to Proceed Carefully
The Federal Reserve left interest rates at 5.25 to 5.5 percent, but its chair, Jerome Powell, said policymakers could still raise rates again.
American Household Wealth Jumped in the Pandemic
Pandemic stimulus, a strong job market and climbing stock and home prices boosted net worth at a record pace, Federal Reserve data showed.
Federal Reserve Officials See Rates Staying High
Federal Reserve officials forecast higher interest rates through 2026 this week, a sign that borrowing costs are not heading back to the rock-bottom levels normal before the pandemic.
What to Watch at the Fed’s September Meeting
The Federal Reserve is unlikely to declare victory in its war on inflation. But investors will watch for any hint that rate increases might be over.
Overall P.C.E. Inflation Ticked Up in July
Overall inflation climbed to 3.3 percent, from 3 percent previously, underscoring the Fed’s long road back to 2 percent price increases.
Will Inflation Keep Slowing? The Key Areas to Watch
Will inflation continue to slow at a solid pace? Economists are warily watching a few key areas, like housing and cars.
Inflation Rose to 3.2%, but Overall Price Trends Are Encouraging
Economists looked past the first acceleration in overall inflation in more than a year and saw signs that price pressures continued to moderate in July.
U.S. Adds 187,000 Jobs in July as Economy Cools
Employers added 187,000 workers in July, a slower pace than the recent norm, but “more sustainable,” one economist said.