President Donald Trump has pledged cheaper prices and lower interest rates, but an economy transformed by the pandemic will make those promises difficult to keep. Economic growth ...

In short, December’s CPI figures send mixed signals. Despite last week’s data showcasing strength across the board in the US economy, Wednesday’s CPI release gives no clear evidence that this is ...

In response, the Fed raised its benchmark interest rate — the fed funds rate — 11 times in 2022 and 2023. Inflation came down ...

Heading into 2025, the US economy remains among the strongest and most stable in the world. According to Patrick T. Harker, ...

Officials from the US Federal Reserve (Fed) have emphasized the considerable economic uncertainties and ongoing risks ...

Philadelphia Fed President Patrick Harker stated on Thursday that policymakers are on track to reduce interest rates this year, but the precise timing “will be fully dependent upon the incoming data.” ...

Fed officials Patrick Harker, the president of the Philadelphia Fed, and Kansas City President Jeff Schmid signaled they did not believe the central bank needed to cut rates imminently. This had ...

Philadelphia Fed president Patrick Harker said he is prepared to support additional rate cuts in 2025, but the timing would depend on what happens in the economy. “I still see us on a downward ...

A global sell-off in bonds has dominated markets this week, fuelled by fears of a pick-up in inflation, as well as ...

Philadelphia Fed President Patrick Harker Sees More Rate Cuts Ahead Philadelphia Fed President Patrick Harker says that on inflation, "it's just taking a little longer to get back to target than ...

Also speaking Thursday, Philadelphia Fed President Patrick Harker said he’s prepared to support additional rate cuts in 2025, but the timing would depend on what happens in the economy. “I still see ...

while his Philadelphia counterpart Patrick Harker wanted to base his decision on incoming data. Regan Capital chief investment officer Skyler Weinand said the Fed was “worried about the incoming ...