The Fed should target nominal gross domestic product, Patrick Horan and David Beckworth write in a guest commentary.
Jerome Powell gambles he won’t have to raise rates in Trump’s term.
"Concerns that higher tariffs will drive up inflation has prompted markets to price out some Fed rate cuts next year," ...
Nir Kaissar is a Bloomberg Opinion columnist covering markets. He is the founder of Unison Advisors, an asset management firm ...
Federal Reserve Chair Jerome Powell said Thursday that inflation data show that the U.S. has made “significant progress” on bringing down inflation down the bank’s 2% target. The Federal Reserve’s ...
Overall inflation slowed in September from a year earlier, though some signs of stubbornness lingered under the surface.
Yet during his previous term in the White House, Trump publicly attacked Chair Jerome Powell after the Fed raised rates to fight inflation, and he may do so again. The economy is also clouding the ...
This is the second rate cut in the past three months. The interest rate now ranges from 4.5% to 4.75%. Meanwhile, mortgage ...