Economists have been sounding the alarms that the Fed’s “inclusive” employment strategy may be to blame for staggering ...
Making a chart of the federal funds rate in 2025 might turn out to be the easiest job in finance. As inflation stays stubbornly high and jobs hold steady, the financial markets are pricing in a good ...
She noted that Fed officials have little idea about the scope or magnitude of the timing of Trump's actions on tariffs, immigration controls, taxes or spending. Trump himself has changed his mind, ...
Austan Goolsbee, president of the Federal Reserve's Chicago branch, talks with The Associated Press about inflation, the job ...
The price of gold is likely to hit $3,000 soon and perhaps $4,000 in 2026 as the central banks of countries hostile to the U.S. continue to accumulate it as a haven from U.S. sanctions. They've been ...
Launching the election campaign this weekend means Labor would avoid a budget, Senate estimates and a distracting clash with ...
Covering the paralyzation or drastic reduction of entire government departments requires a different approach.
Discover how sea turtles navigate the ocean using their internal GPS and learn about their magnetic field perception.
Over two days of testimony this week before Congress, Federal Reserve Chairman Jerome Powell indicated there's no imminent ...
Economists see the core gauge as a better indicator of the underlying inflation trend than the overall CPI that includes often-volatile food and energy costs. The headline measure rose 0.5% from ...
Sen. John Kennedy, a Republican from Louisiana, praised Powell and the Fed for bringing down inflation from a 9.1% peak in ...