US inflation broadly cools, bolstering case for Fed rate cut
US inflation cooled broadly in June, driven by a long-awaited slowdown in housing costs and providing another dose of confidence ...
Tag: Federal Reserve
Treasuries slip as Powell calls for evidence of inflation’s ebb
US Treasuries slipped as Federal Reserve Chair Jerome Powell told Washington lawmakers he wants more evidence of cooling inflation, bolstering ...
Durable goods new orders increased as shipments declined in May
New orders for durable goods rose in May for the third straight month as companies continued to navigate rising interest ...
Fed officials dial back rate forecasts, signal just one ’24 cut
Jerome Powell during a news conference following a Federal Open Market Committee meeting in Washington, DC on June 12.Photographer: Al ...
Fed: Businesses replacing, updating equipment despite interest rates
NASHVILLE — Businesses are replacing and updating their equipment despite unpredictable interest rates, Federal Reserve economist Martin Lavelle told attendees ...
Fed Says More Banks Tightened Loan Standards to Start 2024
More US banks reported stricter credit standards in the first quarter, according to the Federal Reserve. The net share of ...
Fed cites lack of progress on inflation, holds rates steady
The Federal Reserve signaled fresh concerns about inflation as it reaffirmed it needs more evidence that price gains are cooling ...
Farm equipment industry faces prolonged downturn
Farmers continue to feel the impact of higher interest rates, lower commodity prices and rising costs, putting pressure on the ...
