Nathan Sheets News Today

Federal Reserve officials on Wednesday will likely make official what’s been clear for many weeks: With inflation sticking at a level above their 2% target, they’re downgrading their outlook for

The persistently high inflation numbers are giving economists at the Federal Reserve pause as they try to determine if they can lower interest rates.

WASHINGTON (AP) — After Federal Reserve officials meet this week, a statement they will issue may suggest that they’ve seen meaningful progress on inflation this year — a prelude to

The officials themselves may not know for sure until they begin their meeting.

As the Fed considers when to begin lowering interest rates in the U.S., new data on inflation could provide a clue as to how quickly they will move.

As the Fed considers when to begin lowering interest rates in the U.S., new data on inflation could provide a clue as to how quickly they will move.

Inflation showing no recent sign of slowing or narrowing in scope leaves Federal Reserve policymakers challenged this week over how to characterize their next steps even as the countdown to a contentious presidential election continues.

Economic advisers in Donald Trump’s orbit are clashing over their favored policy ideas, a fight that is spilling into public view as they jockey for influence over the presumptive Republican presidential nominee’s second-term plans.

Market expectations for loosening interest rates in Europe and the UK have been pushed back, as the US grapples with a hot economy.

The global economy is likely to carry its solid momentum for the rest of the year and into 2025, defying earlier expectations of a slowdown, according to a Reuters poll of economists who said... -April 25, 2024 at 08:13 pm EDT - MarketScreener