MINNEAPOLIS The U.S. Federal Reserve does not need to cut interest rates as part of its strategy to keep inflation close to its 2 percent target, a Fed policymaker said on Tuesday.
MERIDIAN, Miss./SAN FRANCISCO U.S. President Donald Trump's decision to jack up tariffs on goods from China fuelled market bets Friday that the Federal Reserve will cut interest rates later this year, with one Fed policymaker suggesting he could be receptive if economic data deteriorates.
MERIDIAN, Miss./SAN FRANCISCO, May 10 U.S.
President Donald Trump's decision to jack up tariffs on goods
from China fueled market bets Friday that the Federal Reserve
will cut interest rates later this year, with one Fed
policymaker suggesting he could be receptive if economic data
MERIDIAN, Miss. The U.S. Federal Reserve might need to cut interest rates if an escalating trade war with China drags on and leads consumers to cut spending in response to higher prices, a Fed policymaker said on Friday.
NEW ORLEANS The U.S. economy is near the point where inflation moves higher and a scheduled tariff increase for Chinese imports could also fuel price increases, Atlanta Federal Reserve President Raphael Bostic said on Thursday.
LOS ANGELES/WASHINGTON The first time President Donald Trump threatened tariffs on the luggage that Tiffany Williams imports for her Texas store, she stockpiled high-end suitcases and other products ahead of the deadline to protect profits.
WASHINGTON Central bankers didn't see the Great Recession coming and they could miss the next downturn too, but new research out of the United States points to a possible way to make their predictions a little more accurate.
WASHINGTON The U.S. Federal Reserve on Wednesday held interest rates steady and signalled little appetite to adjust them any time soon, taking heart in continued job gains and economic growth and the likelihood that weak inflation will edge higher. | Video
WASHINGTON The U.S. government will have to stop borrowing money between July and December if Washington doesn't agree to raise a legal restriction on public debt, the Treasury Department said on Wednesday.