Tag: #fed

U.S. Consumer Prices Fall 0.4% in June as Gasoline Plunge Triggers Largest Monthly Drop Since 2020

Gasoline prices plunged in June, pulling headline CPI down 0.4% month-over-month; year-over-year CPI remains up 3.5% and core CPI was flat.

#economy, #inflation, #cpi, #fed

Fed Minutes Show Officials Weigh Another Rate Hike and Signal Firmer Inflation Focus

June Fed minutes show officials viewed inflation as too high, debated removing easing language and some said another rate hike could be warranted.

#fed, #interest-rates, #inflation, #monetary-policy

Fed Holds Rates at 3.5–3.75% in Unanimous Vote at Kevin Warsh’s First Meeting

The Federal Reserve left its policy rate at 3.5–3.75% in a 12-0 vote at Kevin Warsh’s first meeting, citing persistent inflation and energy-related supply shocks.

#fed, #interestrates, #inflation, #monetarypolicy

Kevin Warsh sworn in as Federal Reserve chair at White House ceremony

Kevin Warsh sworn in as Federal Reserve chair at a White House ceremony; he pledged independence as he takes over amid persistent inflation pressures.

#fed, #federalreserve, #kevinwarsh, #inflation

Fed minutes reveal sharp split over signaling near-term rate cuts

April Fed minutes show an 8-4 vote to hold rates and a sharp split over whether to signal openness to future cuts as inflation and energy risks persist.

#fed, #interestrates, #inflation, #monetarypolicy