Hammack signals potential rate hikes to combat inflation. No change in Fed rates after September 2026 at 61.5% YES.

The recent Federal Reserve projections hold an important message, and retirees on a fixed income may want to prepare to withstand an economic downturn. On June 17, the Fed held its benchmark interest ...

It looks likely now that the Federal Reserve will return to hiking interest rates this fall. But we don’t expect this to last for long. In fact, we expect the Fed to return to rate cuts in 2027 and ...

Inflation just reached its highest point in three years. The Bureau of Economic Analysis released the May Personal Consumption Expenditures (PCE) price index on June 25, which showed that ...

The core personal consumption expenditures price index showed a 3.4% annual rate after rising 0.3% for the month. The core annual reading was the highest since October 2023. The Fed's primary ...

Cleveland Federal Reserve President Beth Hammack said Tuesday that "insatiable" demand for artificial intelligence infrastructure is helping to fuel inflation. "When I look at policy, if that ...

The PCE inflation data raises questions for homebuyers. Will high inflation increase mortgage rates, or will low oil prices save the day?

Inflation is at a three-year high. And yet, under the leadership of its new chair, Kevin Warsh, the Federal Reserve did not raise rates this month to help cool the economy down. Our colleagues from ...

OTTAWA, June 22 (Reuters) - Canada's annual inflation rate in May accelerated more than expected to 3.2%, a 29-month high, data ‌showed on Monday, as the impact of higher crude oil prices due to the ...

The latest inflation figures released by the Australian Bureau of Statistics look, at first glance, like good news. The headline rate for May rose 4.0% over the past year, down from 4.2% in April.

I Bonds have two components: A fixed rate that remains with the 30-year life of the savings bond and a variable rate that reflects inflation and adjusts each six months after you bought the I Bond. To ...

PCE inflation hit 4.1% in May, which is more than double the Fed's 2% target, making the case for rate cuts nearly impossible. Warsh signaled restoring Fed credibility takes priority over Trump's push ...