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Will gas prices keep falling? Experts weigh in - ABC News
Will gas prices keep falling? Experts weigh in ABC News - Breaking News, Latest News and Videos
business
Federal Reserve vice chair says it ‘may take more time’ before hiking rates again
Federal Reserve Vice Chair Philip Jefferson said Thursday the central bank will wait to evaluate incoming economic data before deciding whether to hike interest rates again. “As we look ahead, my view is that any future adjustments in policy should be determined by carefully exam...
business
Fed's Kashkari says inflation 'still too high' despite lower PCE data than expected
Federal Reserve Bank of Minneapolis President Neel Kashkari said Wednesday that inflation remains “too high,” after the the Bureau of Economic Analysis (BEA) released data showing that annual inflation remained above the central bank’s 2 percent target in August. “Inflation is st...
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Fed's Warsh seeks to avoid forward guidance. His colleagues aren't listening
Federal Reserve Chair Kevin Warsh has sought to move the central bank away from forecasting its policy decisions during his four-plus months in charge. But after the Fed raised interest rates earlier this month, multiple officials have indicated future hikes are coming. “If the e...
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Fed’s preferred gauge showed core inflation at 3.0% in August, much lighter than expected
The personal consumption expenditures price index was projected to show an annual gain of 3.7% on headline and 3.3% for core, according to the Dow Jones consensus....
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The Fed's main inflation measure will be released Wednesday. Here's what to expect
Data is expected to show ongoing price pressures and consumers who nevertheless continue to spend.