News

Inflation or jobs: Federal Reserve officials are divided over competing concerns

Federal Reserve policymakers will be debating whether stubborn inflation or slower hiring is the bigger problem for the ...

There Is a 83% Chance the Federal Reserve Cuts Interest Rates in September. Doing So Would be Nearly Unprecedented.

After somewhat positive inflation data in July, the chances of the Federal Reserve cutting interest rates in September are at ...

Fed Rate Cut Grows More Likely as Inflation Holds Steady at 2.7%

Inflation held steady in July and ran slightly cooler than expected, increasing the odds of a Federal Reserve rate cut next ...

Trump slams Jerome Powell again, blames Fed Chair for ‘hurting’ housing industry ‘very badly’ amid major rate cut demand

Trump accused Jerome Powell of harming the housing market and called for key interest rate reductions. His remarks come ahead ...

To cut or not to cut? This week's inflation data complicates the picture for the Fed

This week's inflation data further complicates things for the Fed in terms of cutting interest rates. Read more here.

South African rand range-bound as markets await local inflation data, Fed signals

South Africa's rand was on the back foot for much of Tuesday's trading session as markets awaited the U.S. Federal Reserve's ...

US stocks end little changed, with eyes on Fed conference and big box retail earnings

U.S. stocks closed a listless day nearly flat as investors wait for key retail earnings and an annual Fed conference for ...

Chicago Fed president wants to see a 'few months of data' on inflation to gauge economy's health

"The hardest thing that the Fed ever has to do is get the timing right at moments of transition,” Goolsbee said on NBC News’ ...

South African rand weaker as markets eye Fed symposium, local inflation print

South Africa's rand was weaker in early trade on Tuesday, as investors looked to the Fed's Jackson Hole symposium for hints ...