January CPI report expected to show headline inflation eased slightly amid rate cut debate
January's Consumer Price Index will serve as the latest test of whether inflation pressures have eased further.
Fed faces thorny decisions as it weighs when to lower interest rates amid Trump's tariffs
The Fed faces complex decisions as it decides how quickly to cut rates or whether to raise them amid Trump's tariffs and ...
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Five questions for Kristin Pruitt President, Lake City Bank
You were announced on Jan. 14 as a new board member for the Federal Reserve Bank of Chicago, set to serve a three-year term. I'm very excited to bring my insights about what is happening in Indiana to ...
WTTW1d
How Trump’s Plan to Shrink the Federal Workforce Could Impact Illinois
Although Trump is a convicted felon who pardoned those found guilty of crimes like assaulting law enforcement officers at the Jan. 6, 2021, breach of the U.S. Capitol, the memo says that “employees ...
Little to no relief from high borrowing costs expected as Fed Chair Powell heads to the Hill
The odds of further interest rate cuts this year by the Federal Reserve dwindled last week as unemployment fell and more officials say they want to see how new policies from the White House affect the ...
U.S. tariffs and interest rate uncertainties make 2025 a “choppy year” for Singapore's biggest bank: DBS CEO Piyush Gupta
Gupta’s comments come as Southeast Asia’s largest bank by assets posted a solid showing in its full year results, with net ...
PBS4d
Chicago Fed president on what the new jobs report says about the economy
The new jobs report shows the pace of hiring slowed slightly in January with the economy adding 143,000 jobs. The report also ...
Fed officials see healthy jobs market, no rate-cut rush
Federal Reserve officials on Friday said the U.S. job market is solid and noted the lack of clarity over how President Donald ...
The US labor market isn't putting pressure on the Fed's plans to cut interest rates in 2025
A strong January jobs report has investors believing the Federal Reserve likely won't be cutting interest rates in the near ...
Consumer sentiment drops sharply in February as inflation worries soar
According to the report, Americans' expectations for overall inflation over the next year jumped to 4.3% in February from 3.3% in the prior month. That's highest level since November 2023, and it is ...
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 ...