Any negative impacts of the Fed’s rate hikes during those years have been small for many consumers and companies, according to Torsten Slok, chief economist for New York-based asset manager ...
That’s hurting stock prices. The Fed has cut its main interest rate by a full percentage point since September. The intent is to give the economy breathing room after the Fed earlier hiked the federal ...
Here is a look at comments from Fed policymakers since the last rate-setting decision, sorting them under the labels "dove" and "hawk" as a rough shorthand for their monetary policy leanings ...
In a new study published this week, researchers debuted a bionic hand system that can reportedly reproduce the most complex tactile sensations seen to date. Scientists at the Cortical Bionics ...
The next monthly PCE report will not be released until Jan. 31, two days after the end of the Fed's upcoming policy meeting, but analysts expect the monthly increase in core inflation may ...
Still, there are some signs of progress in the Fed's inflation battle. Core CPI, or prices excluding the volatile energy and food costs, rose 3.2% on an annual basis, lower than the 3.3% rate ...
Three Fed officials said in separate speeches Tuesday that they were confident inflation is coming down, though not very quickly. One non-voting member of the Fed's policy committee said the Fed ...
Due to elevated year-on-year consumer inflation rates and strong recent jobs data, financial markets reflect expectations that the Fed will not change interest rates on January 29. A change in Fed ...
John Daly/Instagram John Daly is on the mend after receiving emergency hand surgery. On Tuesday, Jan. 14, the golfer, 58, shared a photo of himself on his Instagram Stories lying in a hospital bed ...
The Consumer Price Index rose 2.9 percent from a year earlier, but a measure of underlying inflation was more encouraging. Source: Bureau of Labor Statistics By The New York Times By Ben Casselman ...
"This latest inflation reading confirms a Fed rate cut skip at the January FOMC meeting," said EY chief economist Gregory Daco. The new print "won’t change expectations for a pause later this ...