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Inflation fell more than expected, dropping nearly to the Federal Reserve's target of a 2% annual rate by one measure.
Every five years the Federal Reserve reconsiders its framework for monetary policy. This time it will have to consider lessons from the pandemic and an uncertain future.
OAKLAND, California (Reuters) -U.S. Federal Reserve policymakers could still cut interest rates twice this year as they ...
Past changes to the Federal Reserve's longer-run strategy, including letting inflation run hotter than 2% for "some time," might no longer work for the current economy.
In 2020, the Fed adopted a strategy to let inflation run slightly ... For now, Powell made it clear that anchoring inflation expectations—keeping public confidence that prices will remain ...
NEW YORK (AP) — Wall Street is drifting toward the end of its winning week and month on Friday following a mixed set of ...
Despite soft April inflation data, rising tariffs are starting to pressure margins, prices, and Fed policy. A summer rebound in consumer inflation is likely as businesses begin passing costs to ...
Other Fed officials have already changed their monetary policy expectations in light of ... or that a full 'look-through' strategy will necessarily be appropriate," Musalem said. "With inflation ...
Federal Reserve Bank of St. Louis President Alberto Musalem said officials are focused on keeping long-run inflation ...