Inflation is slowing but the Fed’s next move is still up in the air

U.S. Federal Reserve Chair Jerome Powell speaks during a press conference following a two-day meeting of the Federal Open Market Committee on interest rate policy in Washington, U.S., July 31,…

Latinas contributed $1.3 trillion to U.S. economy, new report says. That number could be even bigger

Miami Beach, Florida, Manolo, restaurant, employees at bakery counter. (Photo by: Jeffrey Greenberg/Universal Images Group via Getty Images) Jeff Greenberg | Universal Images Group | Getty Images Latinas are making…

Ray Dalio names the top five forces shaping the global economy

Ray Dalio, founder of Bridgewater Associates, speaks onstage during The Wall Street Journal’s 2024 The Future Of Everything Festival at Spring Studios on May 22, 2024 in New York City…

Ray Dalio says the Fed faces a tough balancing act

Ray Dalio, Bridgewater Associates co-chairman and co-chief investment officer, speaks during the Skybridge Capital SALT New York 2021 conference. Brendan McDermid | Reuters As the U.S. Federal Reserve implemented its…

The Fed has set out on a ‘recalibration’ of policy. Here’s what Powell’s new buzzword means

Federal Reserve Chair Jerome Powell has unveiled his latest buzzword to describe monetary policy, with a “recalibration” of policy at a pivotal moment for the central bank. At his news…

Fed Governor Waller backs interest rate cut at September meeting, open to larger move

Federal Reserve Governor Christopher Waller on Friday backed an interest rate cut at the upcoming central bank policy meeting in less than two weeks, and indicated he’d be open to…

September consumer confidence falls the most in three years

Consumers’ view on the economy tumbled in September, falling by the largest level in more than three years as fears grew about jobs and business conditions, the Conference Board reported…

Prices rise 2.2%, less than expected

Inflation moved closer to the Federal Reserve’s target in August, easing the way for future interest rate cuts, the Commerce Department reported Friday. The personal consumption expenditures price index, a…