News

A weak housing market could deliver rate cuts and rescue the Fed from Trump
Toward the end of the year, the housing market may become a bigger deal for inflation than tariffs - Comerica Bank chief ...
Fed's rate-cut delay intact as inflation fears override Trump pressure
The case for a U.S. interest rate cut remains unresolved as Federal Reserve officials head into their policy meeting later ...
Fed's Kugler: No rate cut for some time as tariffs pass through to prices
The U.S. Federal Reserve should not cut interest rates "for some time" as the impact of Trump administration tariffs begin ...
June CPI: Fed still needs 'reassurance' to cut rates
The latest Consumer Price Index (CPI) data came in hotter than expected, with inflation rising 2.6% in June, higher than the ...
What the June CPI data could mean for Fed rate cuts
Stocks (^GSPC, ^IXIC, ^DJI) have rallied, but traders are bracing for Tuesday's Consumer Price Index (CPI) report to see if ...
Inflation accelerated in June as the Fed weighs the impact of tariffs in rate cut timing
The Bureau of Labor Statistics reported that the consumer price index (CPI), a popular inflation gauge, increased in June to ...
American Banker8d
Uptick in CPI inflation complicates case for rate cuts
The Bureau of Economic Analysis said the consumer price index rose to 0.3% in June to an annualized rate of 2.7%, making the ...
Trump says Federal Reserve should lower interest rates by 3 points
The Bureau of Labor Statistics on Tuesday released June inflation data, showing prices increased from the prior month. Hours ...
CPI rose in June to 2.7% annual rate, highest since February
The CPI was forecast to rise 2.7% last month, higher than last month's rate of 2.4%, according to economists polled by ...
Why won’t the Fed cut rates in July? Its favorite inflation gauge is telling it not to.
The inflation gauge the Federal Reserve relies on most to decide whether to raise or lower U.S. interest rates is likely to ...
Business Recorder7d
Australian shares end lower as US CPI clouds Fed rate-cut hopes
The rate-sensitive financials sub-index declined more than 1% to its lowest in over three weeks. Top lenders Commonwealth ...
September Fed rate cut looks like a 'go' after shelter component of CPI eases, says MetLife strategist
The Federal Reserve looks to be in the clear to cut rates in September, given easing inflation data from the shelter component of June's CPI, according to Tani Fukui, senior director of global ...