Fed, inflation and Interest rate
Digest more
While a Fed rate cut is big news, consumers might only be expected to see slight relief when it comes to much borrowing.
The Federal Reserve is on "autopilot" of steady rate cuts until its benchmark rate gets closer to 3.5%, said Ashok Bhatia, head of fixed income at Neuberger Berman. "I don't think there's a lot constraining the Fed.
Consumer inflation picked up less than expected in September, which should help Federal Reserve officials justify interest-rate cuts to help the weakening job market. The consumer price index climbed 3% year over year in September,
Krishna Guha, Evercore ISI vice chairman, joins 'The Exchange' to discuss Guha's thoughts on inflation, how employment plays into the Fed's mandate and much more.
Friday's consumer-price index report likely leaves the Federal Reserve on course to cut interest rates next week and to maintain a soft bias favoring another cut at the meeting after that. Fed leaders
A once-obscure data-sharing deal between ADP and the Fed helped shape monetary policy for years—until it abruptly vanished.
Happy Feet was kept in a doghouse that his owners only checked once every 2 weeks, with only a dish of rainwater to drink and no food.
Prince William isn’t the only one to be irritated by Prince Andrew, who recently announced that he would stop using his Duke of York title amid the latest Jeffrey Epstein backlash. Princess Anne has reportedly long been annoyed by her younger