Asked about October’s meeting, Cleveland Fed President tells Barron’s that policy needs to more restrictive, though she is keeping an open mind on the timing of hikes.
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The minutes of the Federal Reserve’s policy committee are shorter under Fed Chairman Kevin Warsh. But they still say plenty.
A Nov. 5 hearing will examine mortgage allegations against Federal Reserve Governor Lisa Cook as Trump renews his effort to remove her.
Americans' economic outlook declined again in October.
Median family net worth rose 2% between 2022 and 2025, while more families fell behind on loan payments, according to a Federal Reserve survey.
The number of new unemployment insurance claims remained low last week, coming in slightly weaker than expectations.
In prepared remarks at the Istanbul Economic Forum, Christopher Waller said the economic data underscoring the need for interest-rate increases hasn’t shifted much.
Federal Reserve officials agreed on September’s rate increase but differed over its rationale, leaving questions about the path of further tightening.
Utilities took the lead as stock market gains broadened across sectors.
Stocks finished higher after a weak jobs report had traders further doubting an October rate increase
The lack of pay increases are a tough pill to swallow for many Americans, especially lower- and middle-income households struggling with higher energy and living costs.
September delivered weaker-than-expected employment data that showed muted labor conditions heading into the autumn months.
For Americans struggling with the effects of higher prices, last month didn't provide much relief on the income side of the equation.
In a bit of good news, the national labor force participation rate rose slightly in September.
September job growth proved more in line with recent trends, without any of the big boosts from the leisure and hospitality and local education sectors seen in the previous month.
Amid September's more muted payroll gains, there were several sectors that saw outright job losses.
The BLS lowered the estimate of monthly job gains for August and September combined by 60,000 in the latest data release.
U.S. job growth proved much weaker than expectations for September.
The national unemployment rate was 4.2% for September.
September is expected to deliver another healthy month of job growth and stable unemployment, which should keep inflation squarely in focus for the Federal Reserve.
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