Bostic reports strong labor market, stresses careful inflation monitoring
The labor market is performing exceptionally well, according to Raphael Bostic, president of the Federal Reserve Bank of Atlanta. However, despite the positive performance, Bostic stressed the ...
Bank of America CEO on inflation impact on U.S. economy: 'Rates are going to stay where they are'
Bank of America CEO Brian Moynihan said Wednesday that strong consumer spending so far this year means the Federal Reserve ...
What does having the Consumer Financial Protection Bureau on hold mean for consumers?
The Consumer Financial Protection Bureau is the latest U.S. government agency to have its work halted by the Trump ...
Elizabeth Warren to Elon Musk: ‘You Don’t Get to Slither Around in the Dark’
The Massachusetts senator decries Donald Trump’s vandalism of the Consumer Financial Protection Bureau and Musk’s "Mount Everest of conflicts." ...
Powell Says Fed Independence Is Critical to Its Inflation Fight
Powell defended the central bank’s independence from elected lawmakers’ desires. “Research over many, many years…shows that ...
Trump wants interest rate cuts. The market isn't buying it.
Voters elected Trump to find a way to curb the hotter inflation that occurred under President Joe Biden. But the president ...
Trump wants both lower interest rates and tariffs. Here's how that could backfire.
President Donald Trump took to Truth Social Wednesday to argue that tariffs and lower interest rates go "hand in hand," suggesting that new trade barriers could prompt the Federal Reserve to ease ...
Economists estimate softer Texas job market in 2025: Dallas Fed
Federal Reserve Bank of Dallas annual report estimates 225,000 Texas jobs introduced in 2025, decrease from 2024 growth in ...
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US inflation just got worse, prices for groceries, gasoline heading higher
President Donald Trump pledged to reduce prices in last year’s campaign, though most economists worry that his many proposed ...
Fed's Bostic: Not comfortable cutting rates again until there is more clarity on inflation, other policies
Atlanta Federal Reserve President Raphael Bostic said on Wednesday it is not clear when the Fed can cut interest rates again ...
Dow Jones Today: Stocks Pare Losses, Yields Soar on Hot Inflation Report
U.S. stocks pared early losses on Wednesday but remained mostly lower after inflation data came in hotter than expected, potentially complicating the Federal Reserve's job of returning inflation to ...