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The inflation gauge the Federal Reserve relies on most to decide whether to raise or lower U.S. interest rates is likely to ...
The Bureau of Labor Statistics reported that the consumer price index (CPI), a popular inflation gauge, increased in June to ...
What is clear is that the current 4.33% median Fed funds target rate remains well above the inflation trend. Even after the ...
Christopher Waller, a potential contender to be the next chair of the central bank, said the Federal Reserve should not wait ...
Low rates can also inflate financial markets. Investors, unable to generate strong returns in safe assets, such as short-term ...
With June's inflation reading coming in hotter than the month prior, the Fed is under renewed pressure to maintain its ...
A top Federal Reserve official said late Thursday that the central bank should cut its key interest rate later this month, ...
Some investors had clung to a bit of hope that the Federal Reserve would cut interest rates at its next meeting on July 30.
If you're thinking about tapping your home's equity, make sure you understand what could happen with rates soon.