Jerome H. Powell, the Federal Reserve chair, said officials would proceed carefully. But if more policy action is needed, he pledged to take it.
Category: Interest Rates
Automakers Delay Electric Vehicle Spending as Demand Slows
Growth is brisk but slower than expected, causing automakers to question their multibillion-dollar investments in new factories and raising doubts about the effectiveness of federal incentives.
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.
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.
Interest rates stay anchored after Fed chair’s hawkish speech
After an initial swoon, bond markets take Federal Reserve Chairman Jerome Powell’s tough talk on inflation in stride, but the housing sector remains vulnerable to rate hikes.
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.
Wall St. Pessimists Are Getting Used to Being Wrong
The S&P 500 is up more than 19 percent this year, but some still warn that the future may not be as rosy as that implies.