News
Fed's Targeted Inflation Gauge Shows Little Tariff Impact
The Federal Reserve's targeted inflation measure ticked slightly higher in May, but the numbers didn't show a big tariff-related upswing. Prices rose by 2.3% over the 12 months through May, according to the personal-consumption expenditures price index,
Fed’s Inflation Measure Ticks Up Amid Uncertainty Over Tariffs
While the consumer price index is more commonly known, the Fed relies heavily on the PCE for deciding its stance on monetary policy. At the moment, the Fed is keeping interest rates high – and borrowing costs for consumers elevated – as it wants to see more data on how President Donald Trump’s import tariffs are affecting inflation.
The Federal Reserve’s preferred inflation gauge had been expected to reinforce the growing case for interest rate cuts sooner ...
Fed Chair Jerome Powell defends the interest rate pause amid concerns about tariff-driven inflation. Here’s what this means ...
Director of the National Economic Council Kevin Hassett told "Special Report" host Bret Baier he has "high confidence" ...
Federal Reserve Chair Jerome Powell said the central bank is taking a more cautious approach to the effects of President ...
The Federal Reserve kept its forecast for two rate cuts this year amid Trump's tariffs, which are expected to push up ...
The Trump administration's tariff plans may well just cause a one-time jump in prices, but the risk it could cause more ...
Federal Reserve chief Jerome Powell on Tuesday said a good case could be made for cutting interest rates soon, but he said ...
It's day two of Federal Reserve Chair Jerome Powell's testimony before Congress. The Fed’s preferred inflation gauge is due ...
Results that may be inaccessible to you are currently showing.
Hide inaccessible results
Feedback