Fed's Hammack says 'now is the time to act' on raising interest rates
She still thinks the Fed needs to take action against inflation that is straining household budgets.
She still thinks the Fed needs to take action against inflation that is straining household budgets.
News
Investors expect the Fed to pause rate hikes in October, but Kevin Warsh's rejection of traditional communications practices and continued concern about inflation leave the decision uncertain....
News
Federal Reserve Chair Kevin Warsh declined Friday to predict central bank officials’ future course on interest rates, less than two weeks before they meet to discuss monetary policy. “I don’t prejudge meetings. I don’t believe in saying now what I might do at the meetings that we...
business
Consumer Price Index (CPI): +0.6% in Sep 2026 News Release Historical Data Unemployment Rate: 4.2% in Sep 2026 News Release Historical Data Payroll Employment: +29,000(p) in Sep 2026 News Release Historical Data Average Hourly Earnings: +$0.05(p) in Sep 2026 News Release Historic...
government
Six in 10 respondents to a recent survey said they were extremely concerned about government corruption, putting it ahead of inflation, healthcare and other issues. Nearly 90 percent of 1,202 respondents to the Fox News poll said they were either extremely or very concerned about...
News
Producer prices rose by 1.3 percent from August to September, the largest jump in more than four years, according to data from the Bureau of Labor Statistics (BLS). September’s increase, as measured by the producer price index (PPI), is the largest since producer prices rose by 1...
parks
The U.K. is grappling with a cost-of-living crisis sparked by sticky inflation and surging energy costs.
News
'We see real risks the Fed will deliver another rate hike in two weeks' time,' one Fedwatcher warns
government
Lawyers for Federal Reserve board of governors member Lisa Cook called President Trump’s investigation committee into her “demonstrably biased.” "A hearing with demonstrably biased members, unspecified additional allegations, and an unclear schedule for the disclosure of any addi...
News
Inflation data for September indicates price pressures are still weighing on the economy, putting Federal Reserve officials in a tricky position ahead of their decision on interest rates later this month. Annual inflation was 3.7 percent last month, as measured by the consumer pr...
News
More than 4 in 10 Americans said they are struggling to afford basic living costs amid rising inflation levels in the country, according to polling data released Wednesday. The Pew Research Center surveys, which were conducted in late July and August, found that 44 percent of U.S...
business
Kevin Hassett, the director of the National Economic Council (NEC), said Wednesday he sees a “bunch of good news” in the latest inflation report, which measured prices as up 3.7 percent year over year in September. Speaking to NewsNation’s Hannah Brandt at the White House, Hasset...
