(AP) — A measure of prices that is closely tracked by the Federal Reserve suggests that inflation pressures in the U.S. economy are continuing to ease. Friday’s Commerce Department report showed that consumer prices were flat from April to…
WASHINGTON — A measure of prices that is closely tracked by the Federal Reserve suggests that inflation pressures in the U.S. economy are continuing to ease.
AP Economics Writer WASHINGTON (AP) — A measure of prices that is closely tracked by the Federal Reserve suggests that inflation pressures in the U.S. economy are continuing to ease. The Commerce Department report showed that consumer…
The U.S. Federal Reserve and the European Central Bank (ECB) are expected to cut interest rates in September. This forecast comes from Morgan Stanley, who have analyzed key data pointing towards a deceleration in inflation in both the U.S.…
The Federal Reserve Board’s annual stress test results reveal that large banks are expected to face nearly $685 billion in projected losses during a severe recession scenario. These losses are significantly higher than last year due to…
No one really knows how interest rates work, or even whether they work at all—not the experts who study them, the investors who track them, or the officials who set them.
Big U.S. banks passed their latest annual stress test, with the Federal Reserve finding they would be able to continue lending to households and businesses in a severe recession even while suffering steeper losses than last year.