Today: July 03, 2024
Today: July 03, 2024

Latest From Ann Saphir

News

Biden, Trump point fingers at each other on inflation during debate

U.S.

Biden, Trump point fingers at each other on inflation during debate
News|Political

Fed's Bowman: need steady policy rate 'for some time' to beat inflation

U.S.

Fed's Bowman: need steady policy rate 'for some time' to beat inflation
News

Fed Chair Powell scheduled for July 9 Senate Banking testimony

U.S.

Fed Chair Powell scheduled for July 9 Senate Banking testimony
Business

Fed's Goolsbee: policy 'restrictive,' more disinflation likely

Chicago Federal Reserve Bank President Austan Goolsbee on Thursday said he believes last year's improvements in the supply of goods and labor set the stage for further

Fed's Goolsbee: policy 'restrictive,' more disinflation likely
Business

Fed rate cut seen on track for June even as inflation bumps up

An increase in U.S. inflation last month that was largely in line with expectations likely won't change the calculus for U.S. central bankers weighing when to deliver a first

Fed rate cut seen on track for June even as inflation bumps up
Business

Fed Chair Powell faces tough communications task on rate cuts ahead

Federal Reserve Chair Jerome Powell has a tough task on Wednesday as he wraps up the U.S. central bank's first policy meeting of 2024: signaling an end to interest-rate hikes

Fed Chair Powell faces tough communications task on rate cuts ahead
Business

Traders keep bets the Fed's rate cuts will start in May

Inflation is cooling, but not quite quick enough to allow the U.S. central bank to deliver its first interest-rate reduction by March, with traders betting on Friday that May

Traders keep bets the Fed's rate cuts will start in May
Business

Five signs the Fed's pivot is underway before even a single rate cut

Federal Reserve policymakers have signaled they won't cut U.S. interest rates just yet; economists think they will wait until June, given ongoing strength in household

Five signs the Fed's pivot is underway before even a single rate cut
Economy

Fed policymakers see just one rate cut this year, 4 cuts in 2025

U.S. central bankers believe they’ll cut interest rates just once this year, two fewer than they thought in March as inflation approaches their 2% goal more slowly than they

Fed policymakers see just one rate cut this year, 4 cuts in 2025
Economy|News

Fed's road to rate cuts clears as inflation eases

Federal Reserve policymakers have reason to feel more confident that inflation is cooling after a U.S. government report on Wednesday showed consumer prices did not rise at

Fed's road to rate cuts clears as inflation eases
Business|Economy

Fed seen waiting to cut rates as job growth picks up

A U.S. job market scorecard that exceeded all forecasts has undercut confidence over when, or even if, the Federal Reserve will begin easing policy this year, putting the

Fed seen waiting to cut rates as job growth picks up
Economy

Fed to cut US rates 'at some point, but no hurry, Mester says

Cleveland Federal Reserve Bank President Loretta Mester said on Wednesday she expects price pressures to ease further this year, allowing the Fed to reduce borrowing costs,

Fed to cut US rates 'at some point, but no hurry, Mester says
Economy

Fed policymakers stick to three-rate-cut view in '24, but barely

U.S. central bankers still anticipate cutting interest rates three times this year, according to the median of new economic projections published on Wednesday, but

Fed policymakers stick to three-rate-cut view in '24, but barely
Economy

Inflation frustration may prompt Fed to dial back rate-cut outlook

U.S. central bankers are not expected to cut borrowing costs this week, but their new economic projections may be a wild card, potentially signaling fewer interest rate cuts

Inflation frustration may prompt Fed to dial back rate-cut outlook
Economy

Fed's Logan: risks more balanced, no urgency on rate cuts

Dallas Federal Reserve Bank President Lorie Logan on Friday said she is in no rush to cut interest rates, and while there has been "tremendous progress" on

Fed's Logan: risks more balanced, no urgency on rate cuts
Economy

Exclusive-Goolsbee sees progress on inflation, says his rate-cut forecast near Fed median

Chicago Federal Reserve President Austan Goolsbee on Thursday called 2023 a "hall-of-fame" year for falling inflation, which has paved the way for a few U.S. interest rate

Exclusive-Goolsbee sees progress on inflation, says his rate-cut forecast near Fed median
Economy

Fed's Logan: should not rule out another rate hike

Federal Reserve Bank of Dallas President Lorie Logan on Saturday warned that the U.S. central bank may need to resume raising its short-term policy rate to keep a recent

Fed's Logan: should not rule out another rate hike
Economy

Fed rate cuts firmly in view for 2024, even as rate-setters shift

The annual rotation on the U.S.

Fed rate cuts firmly in view for 2024, even as rate-setters shift
Economy

US 30-year mortgage rate drops to 6.83%, its lowest since June

The interest rate on the most common type of U.S. home mortgage dropped last week to 6.83%, its lowest since June, as the Federal Reserve signaled it is done raising

US 30-year mortgage rate drops to 6.83%, its lowest since June
Economy

Fed pivot to interest-rate cuts seen likely to start in May

A stronger-than-expected U.S. labor market won't keep the Federal Reserve from pivoting to a series of interest-rate cuts next year, but it could take until May for it to

Fed pivot to interest-rate cuts seen likely to start in May
Economy

Fed hawks, Fed doves: What U.S. central bankers are saying

The labels “dove” and “hawk” have long been used by central bank watchers to describe the monetary policy leanings of policymakers, with a dove more focused on risks to the

Fed hawks, Fed doves: What U.S. central bankers are saying
Economy

Fed's Logan: watching if financial conditions tight enough

Dallas Federal Reserve Bank President Lorie Logan on Tuesday said she supported leaving the Fed's policy rate on hold last week to assess if financial conditions are

Fed's Logan: watching if financial conditions tight enough
Economy

Tighter credit, lending conditions build case for Fed policy hold

U.S.

Tighter credit, lending conditions build case for Fed policy hold
Economy

Fed hawks, Fed doves: What U.S. central bankers say about policy

By Ann Saphir The labels “dove” and “hawk” have long been used by central bank watchers to describe the monetary policy leanings of policymakers, with a dove more focused on risks to the labor market

Fed hawks, Fed doves: What U.S. central bankers say about policy
Economy

US economy little changed in recent weeks -Fed survey

U.S. economic activity was little changed over the last month and a half, as labor market tightness continued to ease and prices continued to increase at a modest pace,

US economy little changed in recent weeks -Fed survey

Follow