Chicago Fed CEO says tariff uncertainty could slow rate lowering
"I still think my ultimate where-we're-going-to-land is a fair bit below where we are today," Austan Goolsbee said at auto ...
Trump inherits a labor market at full employment. Can he keep it there?
Defying fears of a pandemic-driven Great Depression and bucking Federal Reserve interest rate hikes as well, the U.S. job ...
Goolsbee: Fed in solid place for eventual cuts though uncertainty means a slower approach
A full-employment economy with solid growth and falling inflation will let the U.S. Federal Reserve continue cutting interest ...
Average US rate on a 30-year mortgage falls to 6.89%, third straight weekly decline
The average rate fell to 6.89% from 6.95% last week, mortgage buyer Freddie Mac said Thursday. A year ago, it averaged 6.64%.
Inside the Fed, fears increase that Trump tariffs would boost inflation
There’s a growing sense among some inside the Federal Reserve that President Donald Trump’s willingness to use tariffs as a ...
Czech central bank cuts key interest rate to 3.75% as inflation stays higher than expected
PRAGUE – The Czech Republic’s central bank cut its key interest rate again Thursday with inflation higher than expected after ...
Bessent's Focus on 10-Year US Treasury Yield May Let Fed off the Hook
WASHINGTON (Reuters) - The Trump administration's emerging focus on long-term Treasury bond yields may show growing ...
WJBK19h
Federal worker buyout deadline: What we know about the deferred resignation program
A judge will consider whether to block the buyout at a hearing Thursday afternoon, with the deadline for federal employees to make a decision about the buyout later tonight.
Solid Labor Market Gives Fed Cover to Extend Rate Pause
Across a number of metrics, the labor market looks remarkably stable even as it has cooled. Monthly jobs growth has stayed solid and the unemployment rate has barely budged from its current level of 4 ...
WJBK17h
Judge blocks DOGE access to sensitive Treasury Department payment system records
The order comes after the Justice Department on Wednesday agreed in a proposed court order to limit access to the sensitive records to only two "special government employees" within DOGE, who will ...
CNBC Daily Open: Global central banks are lowering rates — the Fed might not be as inclined
Many economies seem to be settling into a lower-rate environment. That’s in stark contrast with the Federal Reserve, which ...
Weber Shandwick to close Minneapolis office, storied part of Twin Cities marketing history
The local public relations powerhouse, which is relinquishing its physical space amid a parent company merger between Omnicom ...