Key indicators for the Federal Reserve to gauge inflation increased more than expected in...
Fed Minutes Show Members Committ to Rate Hikes to Battle Inflation
Meeting minutes released Wednesday showed that Federal Reserve officials suggested that inflation is coming...
U.S. Consumer Debt Hits Record High of $16.9 Trillion
The US consumer debt hiked to a new record high at the end of...
St. Louis Fed Chair Calls For Half-Point Rate Hike
St. Louis Federal Reserve President James Bullard said Thursday that he advocated for a...
Fed to Pivot Rate Cycle in December as Odds for Three Hikes in 2023 Accelerate
The U.S. inflation data that picked up at a faster pace than expected in...
Fed Believes Inflation Is on Decline, but Interest Rates Still Likely to Climb
Federal Reserve Chairman Jerome Powell said on Tuesday that inflation is beginning to drop,...