The Personal Consumption Expenditures price index continued to cool and consumer spending was moderate, good news for the Federal Reserve.
Category: Powell, Jerome H
-
Fed Officials Thought Rates Could Rise More if Inflation Stayed Stubborn
Minutes from the Federal Reserve’s early November meeting suggested another rate increase remained possible, but officials were in no hurry.
-
Fed Officials Thought Rates Could Rise More if Inflation Stayed Stubborn
Minutes from the Federal Reserve’s early November meeting suggested another rate increase remained possible, but officials were in no hurry.
-
The Fed’s Decisions Now Could Alter the 2024 Elections
The state of the economy will affect voting next November, and the Federal Reserve may find itself in a delicate position, our columnist says.
-
An Optimistic Inflation Report Reduces Pressure on the Fed to Raise Rates
Central bankers have been debating whether a final rate move is needed. A cooler-than-expected October inflation report may take the heat off.
-
A High-Stakes C.P.I. Readout on Inflation Is Due
The latest Consumer Price Index report, due out on Tuesday, is expected to show that progress in bringing down inflation is slowing.
-
A Dud Treasury Auction and a Hawkish Powell Ended a Market Rally
A disappointing Treasury auction and hawkish comments by the Federal Reserve’s chair underscored investor fears about inflation.
-
Fed Chair Recalls Inflation ‘Head Fakes,’ Pledges to Do More if Needed
Jerome H. Powell, the Federal Reserve chair, said officials will proceed carefully. But if more policy action is needed, he pledged to take it.
-
Fed Holds Interest Rates Steady and Pledges to Proceed Carefully
The Federal Reserve left interest rates at 5.25 to 5.5 percent, but its chair, Jerome Powell, said policymakers could still raise rates again.
-
Markets Await the Fed’s Next Interest Rate Move
The central bank is expected to leave interest rates unchanged on Wednesday, but Wall Street is growing increasingly anxious over its next move.
-
Middle East Conflict Threatens Global Economic Growth
Oil prices climbed again on Friday as armed clashes intensify in Israel and, increasingly, beyond.
-
Powell Says Strong Economic Data ‘Could Warrant’ Higher Rates
The Federal Reserve may need to do more if growth remains hot or if the labor market stops cooling, Jerome H. Powell said in a speech.