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

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

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 ...

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 ...

Wholesale inflation spikes, putting Fed in tricky position

Wholesale prices increased in July at the quickest pace since February, as economists are keeping a sharp eye on inflation ...

The Fed is expected to cut rates. Don't expect mortgage rates to follow.

New economic data releases could increase mortgage rate volatility in the coming weeks, leading up to the Fed's September ...

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 faces new inflation risks

Welcome to The Hill’s Business & Economy newsletter{beacon} Business & Economy Business & Economy   The Big Story Inflation spike backs Fed into corner on key ...

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.