News

Fed should cut rates but they're weighing inflation more than employment, says Apollo's Torsten Slok

CNBC's Steve Liesman and Torsten Slok, Apollo partner and chief economist, join 'Closing Bell' to discuss the Federal Reserve ...

Fed's Goolsbee: want more assurance on inflation to cut in Sept or autumn

Chicago Federal Reserve Bank President Austan Goolsbee on Friday left the door open to supporting an interest-rate cut in ...

Chicago Fed president wants to see a 'few months of data' on inflation to gauge economy's health

"The hardest thing that the Fed ever has to do is get the timing right at moments of transition,” Goolsbee said on NBC News’ ...

Fed Rate Cut Grows More Likely as Inflation Holds Steady at 2.7%

Inflation held steady in July and ran slightly cooler than expected, increasing the odds of a Federal Reserve rate cut next ...

US Fed to cut rates in September and once more this year, say most economists: Reuters poll

A Federal Reserve interest rate cut in September, the first this year, followed perhaps by another before year-end remains ...

Federal Reserve Watch: Is It Time To Stop Quantitative Tightening

Discover the Fed's cautious approach to quantitative tightening, excess liquidity concerns, and potential policy pivots ...

Inflation or jobs: Federal Reserve officials are divided over competing concerns

Fed officials also disagree on how tariffs will affect inflation going forward. Many increasingly believe the duties will ...

American consumers are getting nervous about inflation again. For now, they’re still spending

Americans are still opening their wallets, with unemployment remaining low and businesses blunting the effects of President ...

Fed’s Goolsbee Says He Wants to See More Positive Inflation Data

Federal Reserve Bank of Chicago President Austan Goolsbee said he would like to see at least one more inflation report to be sure persistent price pressures aren’t picking up.

You’re welcome, world: U.S. tariffs may cool inflation for the rest of the global economy

"We doubt that US tariffs will significantly affect inflation in the rest of the world, but if anything, the effect could be ...

US producer inflation heats up as goods, services prices soar

U.S. producer prices increased by the most in three years in July amid a surge in the costs of goods and services, suggesting ...

PPI Surges 0.9% in July, Shaking Fed Rate Cut Hopes and Rattling Bond Markets

Wholesale inflation surged 0.9% in July, dashing Fed rate cut hopes. Traders brace for higher yields as services lead price ...