The Fed should target nominal gross domestic product, Patrick Horan and David Beckworth write in a guest commentary.
Jerome Powell gambles he won’t have to raise rates in Trump’s term.
Given the surge in post-pandemic inflation, the fact that headline inflation now sits just a tenth of a percentage point ...
The Federal Reserve cut interest rates by 0.25% on November 7. More interest rate cuts are likely through the end of 2026.
The Federal Reserve cut interest rates by a quarter point, the second reduction this year. A combination of strong data and ...
Currently, the Fed targets a stable inflation rate, where prices rise at a slow-but-steady pace of just 2%. It’s supposed ...
U.S. consumer inflation got closer to the Federal Reserve’s 2% target in September 2024 when year-on-year total Personal ...
The increase in inflation in the past 12 months slowed to 2.1% from 2.3%, leaving it just a hair above the Fed’s 2% ...
The rate cut follows a larger half-point reduction in September, and it reflects the Fed’s renewed focus on supporting the ...