High Inflation Sows Debate About New Fed Playbook for Tariffs
Fresh tariffs amid high inflation are making the Fed’s job uniquely difficult and feeding uncertainty about what to expect ...
Bill McEwen1h
US Inflation Lingers, Tariffs Threatened by Trump Could Nudge Prices in Wrong Direction
U.S. Inflation gauge rises as Trump's tariff threats loom, potentially pushing prices higher in coming months.
30-Year Refinance Rates Come Close to Dipping Back Under 7%
Rates on 30-year refinance loans dropped another 2 basis points Thursday. That's now a four-day decline of 12 basis points, which has reduced the average to 7.01%—the cheapest level for 30-year refi ...
Trump may be his own worst enemy in his fight against the Fed
Trump said Powell and the Fed "failed to stop the problem they created with inflation" in a post on Truth Social on Wednesday ...
The Fed’s Preferred Inflation Measure Ticked Up Slightly in December
The central bank needs to see further progress on inflation or weakness in the labor market to resume interest rate cuts.
PBS1h
Tariffs threatened by Trump could nudge prices in wrong direction as US inflation lingers
Friday’s report from the Commerce Department showed that consumer prices rose 2.6% in December from a year earlier, up from a ...
Fed’s preferred inflation gauge posts largest monthly gain since April as tariff fears boost spending
“The Fed’s prognosis is for a slower pace of monetary easing moving forward, as the economy is doing well and prices are only slowly returning to target in an environment of great uncertainty,” said ...
Post office is closed but what about Publix? See what's open, closed on Presidents Day in Florida
After Groundhog Day and Valentine's Day pass next month, certain Floridians will celebrate Presidents Day. Here's what will be open and closed ...
Fed's Goolsbee comforted by latest inflation data, worried about tariffs
Chicago Federal Reserve President Austan Goolsbee said inflation data released on Friday was a bit better than expected and ...
PBS3h
Miss the confirmation hearings for Patel, Gabbard, RFK Jr.? Here are takeaways
President Donald Trump’s most controversial Cabinet nominees — Robert F. Kennedy Jr., Tulsi Gabbard and Kash Patel — flooded the zone Thursday in back-to-back-to-back confirmation hearings that were ...
PCE: U.S. consumer prices rose 2.6% in December
The Bureau of Economic Analysis said Friday that personal consumption expenditures rose 2.6% in December, in line with expectations. Core PCE, omitting food and energy, was 2.8%.