The Fed didn’t budge on rates. Here’s why that matters for your bank accounts
Most people pay little attention to the Federal Reserve and monetary policy. But they have an outsized impact on your bank ...
Why Americans still can’t get cheaper mortgages, car loans or card balances after three Fed rate cuts
It takes time for the Fed’s decisions to filter through the economy — and then even more time for consumers to see the ...
Fed Stands Pat on Rates, Entering New Wait-and-See Phase
Fed Chair Jerome Powell says, “We do not need to be in a hurry to adjust our policy stance.” ...
Fed Stays Steady, and Powell Offers No Guidance on Future Rate Cuts
After three cuts at the end of last year, Federal Reserve officials paused rate moves as they weigh a solid economy and ...
The Fed’s go-to inflation gauge heated up again
The Federal Reserve’s preferred inflation gauge moved even higher in December, driven largely by rising energy prices as well as food. However, a closely watched measurement of underlying inflation ...
Trump Says Fed Has Done ‘Terrible Job’ on Banking Regulation
President Donald Trump assailed the Federal Reserve’s approach to bank regulation and accused Chair Jay Powell of fumbling the fight against inflation, while refraining from directly commenting on ...
PCE Report Today: Inflation Likely Sped Up in December, Based on Fed's Favored Gauge
The Federal Reserve's preferred inflation measure is expected to show prices rises accelerated slightly in December, moving further away from the central bank's 2% target. The personal-consumption ...