Deep rate cuts are necessary because the Fed's unprecedented hikes actually made inflation worse, Nobel-winning economist says
The Fed's higher borrowing costs discouraged home building, adding inflation pressure, Joseph Stiglitz said.
Inflation back in focus, Apple's iPhone event: What to know this week
In corporate news, Apple's annual iPhone event kicks off the week on Monday. Earnings results from Oracle ( ORCL ), Adobe ( ...
The Fed has done a good job of moderating inflation, says BofA's Savita Subramanian
Savita Subramanian, BofA Securities head of U.S. equity and quantitative strategy, joins 'Squawk Box' to discuss the latest ...
New York Fed chief says it's time to lower rates with inflation cooling and the labor market slowing
Following the August jobs report, John Williams said the economy is "now in equipoise," with easing inflation and ...
Fed's Research Suggests Housing Inflation Could Fall in 2025
A paper released by the San Francisco Federal Reserve Bank says a trend of shrinking 'shelter inflation' will pick up next ...
Fed’s preferred inflation gauge ticked up in July as likely interest cut looms
The “core” PCE — which excludes food and energy prices due to their volatility — rose 2.6%, which was lower than the 2.7% ...
Bostic Says Risks to Fed’s Jobs, Inflation Goals Now in Balance
Federal Reserve Bank of Atlanta President Raphael Bostic said the central bank’s two mandates — stable prices and maximum ...
The New York Times9d
The Fed’s Preferred Inflation Gauge Stays Cool, Keeping a Rate Cut Imminent
That figure gives economists a clearer grasp on the underlying trend in inflation. This month, Fed officials and Wall Street analysts are likely to look closely at the monthly inflation numbers.
Atlanta Fed’s Bostic: The central bank can’t wait for inflation to get to 2% to cut rates
In an essay published today, Atlanta Fed president Raphael Bostic said he believes the central bank cannot wait until ...
Reuters4d
US housing inflation likely to fall in year ahead, Fed paper says
That decline will likely add to downward pressure on inflation, the researchers said in the regional Fed bank's latest ...
Fed Must Decide If Quarter-Point Cut Will Be Enough for Workers
The Federal Reserve is set to begin unwinding its tightening campaign this month as inflation cools and the labor market ...