News

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 ...

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 ...

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 ...

Stocks ease, US yields rise after hot US inflation data shakes confidence in Fed rate cut

Global stocks edged lower on Thursday, with equities on Wall Street ending flat, while U.S. Treasury yields rose after market ...

Inflation shocker blows apart expectations for huge Fed rate cuts

Goldman Sachs economists in a note estimated that consumers could soon bear up to 67% of tariff costs, up from 22%, thus ...
Money Morning1d

Inflation Data and Crypto Craze: Stocks Poised for Fed Rate Cut Hype

Crypto Remains in the Spotlight: Investors continue to buy all things crypto. Bullish (BLSH) went public in an IPO yesterday, ...

Cleveland Fed survey shows CEOs' inflation expectations drop, but wholesale prices surge

CEOs expect inflation to slow, according to Cleveland Fed survey, but PPI jumps and PNC ups predicted interest rate cuts from ...

Fed's Goolsbee is concerned about inflation, not jobs, hinting at high bar for rate cut

Fed's Goolsbee said he's more worried about inflation than weak job growth. His remarks suggest he may not support a September rate cut.

Fed debate on September rate cut to turn on inflation, jobs data

A jump in wholesale prices is likely to bolster concerns among Federal Reserve policymakers that rising inflation remains a ...

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.