US Fed's favored inflation gauge falls, but price pressures remain
March 01, 2024 | 15:19
The US central bank's favored measure of inflation edged lower on an annual basis in January, government data showed Thursday, but a metric stripping out volatile food and energy prices jumped month-over-month.
US Fed rate cuts become question of when, not if
January 29, 2024 | 15:24
The US Federal Reserve is widely expected to start cutting interest rates in the coming months, as inflation edges closer to its long-run target of two percent.
US Fed 'within striking distance' of inflation target: official
January 17, 2024 | 10:21
The US Federal Reserve is "within striking distance" of reaching its long-term inflation target and could begin cutting interest rates this year, a senior official said Tuesday.
US Fed could hike rates again if 'appropriate': Powell
November 10, 2023 | 10:46
The US Federal Reserve is prepared, if needed, to hike interest rates further in order to bring inflation down to its long-term two percent target, Fed Chair Jerome Powell said Thursday.
US Fed expected to slow pace of rate hikes as inflation eases
December 14, 2022 | 14:47
US central bankers open the second day of a key policy meeting Wednesday, with mounting anticipation of a smaller hike to its benchmark lending rate as inflation showed signs of easing.
US Fed starts policy meeting with further rate hike expected
November 02, 2022 | 09:46
US central bankers started their two-day policy meeting Tuesday with persistently high inflation backing expectations of another rate hike -- a fourth straight steep increase as price pressures fail to ease quickly enough.
US Fed announces biggest interest rate hike since 1994
June 16, 2022 | 18:26
The US Federal Reserve announced the most aggressive interest rate increase in nearly 30 years on Wednesday, and said it is prepared to do so again next month in an all-out battle to drive down surging inflation.
US Fed holds first policy meeting of Biden administration
January 24, 2021 | 10:34
With a new year and a new administration in the White House, the US central bank nonetheless faces an unprecedented challenge in guiding the post-pandemic economic recovery.
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