Higher prices will push inflation upward in 2025, limiting the Federal Reserve’s ability to cushion the soft U.S. labor market, said former Pimco CEO Mohamed El-Erian.
The war in Iran, which has pushed up oil prices to around $100 a barrel, is scrambling the path the Federal Open Market ...
Federal Reserve officials say the war in Iran could impact the near-term inflation outlook and add to economic uncertainty, potentially pushing back the timeline for any further interest rate cuts ...
Boston Fed President Susan Collins said on Friday that there's no urgent need to change interest rates, expecting current policy to hold for some time.
NEW YORK, March 6 (Reuters) - Federal Reserve Bank of Cleveland President Beth Hammack said Friday she sees no imminent need ...
By Howard Schneider and Ann Saphir March 6 (Reuters) - Fresh signs of labor weakness and oil-driven inflation concerns are ...
The central bank cut rates at its three previous meetings in an effort to support the job market. But with inflation still ...
Some policymakers suggested it was too soon to say how a broadening conflict in the Middle East would impact the U.S. economy ...
The Federal Reserve is still widely expected to hold interest rates steady when its officials next meet on March 17-18.
Dow Futures dropped 232 points to 47,751 as inflation fears hit the US stock market. Oil surged from $72.50 to $82 per barrel ...
Kevin Warsh might try to cut interest rates despite inflation concerns given AI-driven productivity gains. Three economic ...
The US labor market report shows a 92k payroll drop as US-Iran tensions raise inflation risks and stall Fed rate cuts. Read ...