At their last meeting in December, U.S. Federal Reserve officials were worried about inflation getting stuck above their 2% target and had watched job gains seesaw in what seemed an emerging decline.
Progress reducing the rise in consumer prices has stalled, with recent data coming in hotter than expected. By pressuring the Federal Reserve, Trump could reignite inflation.
Economists and analysts aren’t convinced that an expansion of oil and gas production will lower consumer prices.
Next week brings a slew of earnings from big tech companies and from other blue chips in areas such as credit cards, defense, energy and telecoms. Wednesday is shaping up to be the busiest day, with the Federal Reserve poised to make its first rate decision under a Trump presidency,
Many economists have felt relief over continued GDP growth. But ongoing data releases suggest that the foundation of the economy — consumer spending — isn’t sustainable.
An analysis of the Federal Reserve's recent $3.5 billion reduction in its securities portfolio, part of ongoing quantitative tightening efforts.
The Federal Reserve has now battled high inflation for nearly four years. Economists point to the Federal Reserve's rate cuts, rising oil prices, consumer psychology, and potential tariffs as factors holding back inflation's progress.
Giant U.S. asset managers overseeing well over $20 trillion are anticipating continued price pressures because of President Donald Trump's immigration and trade policies, a scenario that will likely keep threatening the bond market this year.
U.S. inflation likely worsened last month on the back of higher prices for gas, eggs, and used cars, a trend that could make it less likely that the Federal Reserve will cut its key interest rate much this year.
The author examines the money supply represented by M2, the Federal budget deficit, the Fed’s previous adventures with QE, and the correlation to inflation. Click to read.
The pressure on the Fed to declare the race over and continue lowering interest rates is real. It would be a mistake to cave any further. Some measures show inflation holding steady. Others show it trending back up since last July. Either way, it’s above the Fed’s 2% target, and now the 10-year rate is pointing up.