High Inflation Sows Debate About New Fed Playbook for Tariffs
Fresh tariffs amid high inflation are making the Fed’s job uniquely difficult and feeding uncertainty about what to expect ...
Fed's Goolsbee Comforted by Latest Inflation Data, Worried About Tariffs
(Reuters) - Chicago Federal Reserve President Austan Goolsbee said inflation data released on Friday was a bit better than ...
Politifact3h
Does California give more than it gets on federal disaster aid? Fact-checking Sen. Adam Schiff
California paid $83.1 billion more in federal taxes than it received from the federal government — more than any other state — in 2022. When the state’s population is considered, California paid ...
Times-Standard4h
Inflation ticked higher last month, in latest sign of persistent price pressures
WASHINGTON (AP) — An inflation gauge closely watched by the Federal Reserve rose slightly last month, the latest sign that ...
Traders Bet Fed's Next Rate Cut Will Wait Until June
Traders on Friday kept bets that the Federal Reserve will wait until June to resume interest rate cuts, after government data ...
NBC Los Angeles5h
Key Fed measure shows core inflation at 2.8%, in line with expectations
The personal consumption expenditures price index for December was expected to show a 2.6% increase on an annual basis ...
American Banker8h
Who will Trump pick to run his banking agenda at the Fed?
Federal Reserve Gov. Michelle Bowman is widely seen as the president's most likely choice for vice chair for supervision, a ...
Politifact1d
New Trump tariffs could put even more downward pressure on economy because they’re less targeted
Economists say Trump’s second-term tariffs, if carried out as promised, could put even more downward pressure on the economy, because he’s framed them as across-the-board, rather than targeted to ...
CBS Sacramento on MSN1d
Marysville is home to one of California's most extensive Chinese history museums
Kayla Moeller reports.
American Banker2d
News and analysis on the Fed rate decision
The Federal Reserve's monetary policy group is expected to hold rates steady, but the chairman will face a litany of ...
Fed pauses interest rate cuts. What happens next may depend on Trump
After three successive interest rate cuts, the Federal Reserve on Wednesday made no change in its benchmark lending rate amid ...
NBC Los Angeles2d
The Federal Reserve holds interest rates steady: Here's what that means for your money
The Federal paused rate cuts after its first meeting of the year — here’s what that means for your credit card, mortgage rate ...