There is "an increased likelihood" of inflation staying "notably" above the Federal Reserve's 2% target, Boston Federal ...
A unanimous Federal Open Market Committee lifts the benchmark rate to a range of 3.75% to 4%, as stubborn consumer inflation, an energy shock born of the Iran conflict and open White House pressure ...
Inflation remains more than a percentage point above the central bank’s 2% target.
Richmond Fed President Thomas Barkin warned that temporary shocks spurring inflation this year could drag on and new cost ...
The Federal Reserve raised interest rates, and markets now price in up to two more hikes by year's end as inflation remains ...
By Michael S. Derby Sept 22 (Reuters) - Boston Federal Reserve President Susan Collins wrote on Tuesday that she supported ...
By Howard Schneider BALTIMORE, Sept 22 (Reuters) - US economic conditions "are, if anything, firming," with continued ...
By Howard Schneider WASHINGTON, Sept 23 (Reuters) - Company chief financial officers expect higher inflation this year and next, and have begun to cite rising interest rates as a top concern, ...
Federal Reserve Bank of Richmond President Thomas Barkin said Tuesday that inflation could decline “in short order,” but he acknowledged prices could remain elevated amid the Iran war. “I’m open to ...
Fed Chair Kevin Warsh warns of a reckoning as inflation stays above target, savings rate drops to 2.6%, and the Fed hikes rates to 3.75-4%.
Richmond Fed president Thomas Barkin warns inflation has exceeded the 2% target for five years, with core PCE at 3.7% and ...
St. Louis Fed President Alberto Musalem says more rate hikes may be needed to curb persistent inflation driven by strong demand and rising commodity costs.