News

Fed’s Preferred Inflation Gauge Subdued in April as Spending Slows
The Federal Reserve has put interest rate cuts on hold until it has more clarity about President Trump’s policies.
Fed’s Bostic Wants More Progress on Inflation, in No Rush to Cut
Federal Reserve Bank of Atlanta President Raphael Bostic said he’s in no rush to move interest rates, adding he wants to see ...
Fed’s preferred inflation gauge cools to lowest level since September — calming rattled markets
Economists and some business executives have warned that prices will likely head higher as Trump’s widespread tariffs take ...
Larry Fink Says Tariffs to Stoke Inflation, Slow Economy in Coming Months
BlackRock Chief Executive Larry Fink expects to feel the impact of tariffs later this year. The Fed's favored inflation gauge is now sitting [just above the central bank's 2% target]( ...
Inflation rate slows again and almost hits Fed’s 2% goal, but trade wars could spoil the party
The cost of living barely rose in April — and the rate of inflation slowed even closer to prepandemic levels — but it’s ...
Europe cuts its interest rate as inflation drops below target
The European Central Bank on Thursday cut its main interest rate again, citing falling inflation.
Fed Chair Powell reveals new inflation target
Federal Reserve Chair Jerome Powell unveiled the central bank's monetary policy framework for 2025 Monday morning. "It ...
How tariffs play with inflation expectations
As early signs emerge that tariffs will drive up prices, the US Federal Reserve (Fed) faces a crucial question: Will ...