News

Hassett likely to be Trump's pick for Fed chief, though Warsh is more qualified, CNBC survey finds

President Donald Trump will tap his top economic advisor Kevin Hassett to be the next Fed chair, according to respondents to ...

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

Federal Reserve policymakers will be debating whether stubborn inflation or slower hiring is the bigger problem for the ...

What to Expect from Fed Chair Powell's Speech on Friday: 3 Key Scenarios

Wall Street will be listening closely to Federal Reserve Chair Jerome Powell's speech Friday at the Jackson Hole economic ...

Fed cut seen near certain after inflation data, Bessent comments

The likelihood of a Federal Reserve rate cut in September is now seen near 100% after new data showed U.S. inflation ...

There Is a 83% Chance the Federal Reserve Cuts Interest Rates in September. Doing So Would be Nearly Unprecedented.

After somewhat positive inflation data in July, the chances of the Federal Reserve cutting interest rates in September are at ...

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 ...

When Will the Fed Cut Rates? Here Are Some Key Dates to Watch.

In late July, Federal Reserve Chair Jerome Powell kept the central bank's options wide open for its next meeting, and said the Fed would "watch and learn" about th ...

Powell has used Jackson Hole to battle inflation and buoy jobs; he's now caught between both

WASHINGTON (Reuters) -Fed Chair Jerome Powell used the central bank's annual Wyoming research conference to promise inflation ...

US stocks end little changed, with eyes on Fed conference and big box retail earnings

U.S. stocks closed a listless day nearly flat as investors wait for key retail earnings and an annual Fed conference for ...

Americans could soon face higher inflation as businesses pass along tariff costs, Fed official says

Prices could tick higher in 2025 as businesses pass tariff costs on to consumers, Cleveland Fed's Beth Hammack tells CBS News ...

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’ ...

TSX slips ahead of Canada inflation data, Fed conference

Canada's main stock index inched lower on Monday as investors avoided big bets ahead of domestic inflation data due on ...