Fed, Barr and inflation
Fed policymakers still cautious on inflation and policy
Federal Reserve officials are not ready to say inflation is heading to the central bank's 2% target after data last week showed a welcome easing in consumer price pressures in April, with several on Monday calling for continued policy caution.
Fed's Jefferson, Barr Suggest Patience Needed in Tackling Inflation
It's premature to say if the recent slowdown in the disinflationary process will last for long, Federal Reserve Vice Chair Philip Jefferson said Monday, while Vice Chair for Supervision Michael Barr separately said the current restrictive monetary policy likely needs additional time to help policymakers achieve their inflation target.
Fed's Barr says 'disappointing' inflation data support higher-for-longer stance
Federal Reserve Vice Chair of Supervision, Michael Barr, expresses caution on easing monetary policy amid disappointing inflation data in Q1 2024.
Fed's Barr: Inflation data 'disappointing,' tight policy needs more time
U.S. inflation data through the first months of 2024 has been "disappointing," Fed vice chair for supervision Michael Barr said on Monday, leaving the central bank short of the evidence it needs to ease monetary policy.
Inflation data so far in 2024 "disappointing" - Fed's Barr
U.S. inflation data so far this year has been "disappointing," according to Federal Reserve Vice Chair for Supervision Michael Barr, in a sign that the central bank may need more proof that price pressures are cooling
US inflation fight will take ‘further time’: senior Fed official
The US Feds should keep interest rates at their current elevated levels for longer than previously expected due to disappointing inflation data.
Higher inflation in 2024 likely: NABE
Americans are likely stuck with higher inflation for the rest of the year at least, according to a new survey from the nation ...
US Economy News Today: One Fed Official Sees Inflation Fight Stretching Into 2025
The public should be prepared for higher interest rates in 2025 as the fight against inflation will likely stretch into next ...
Is inflation finally under control in California? What economists say about rising prices
Gasoline prices in California are slowly falling. Housing is becoming slightly more affordable. Food prices appear to be ...
RBA Resumes Rate-Hike Discussion on Renewed Inflation Concerns
Australia’s central bank resumed a discussion of interest-rate hikes at its May policy meeting before deciding that the case ...
Is Inflation Moving Whole Foods Down Market?
A representative of Whole Foods recently discussed plans to improve its price positioning as inflation has continued to drive ...
Australia’s Consumer Confidence Edges Lower on Inflation Fears
Australia’s consumer confidence dipped in May as households expressed concern about persistent inflation potentially ...
Geopolitics Back on the Radar as Markets Seek to Build on Record Highs and Ponder Next Moves on Interest Rates, Inflation
The death of Iran’s hard-line president and the possibility of criminal arrests of Hamas’ leader and Israel’s Benjamin ...
Fed’s Bostic expects inflation to keep coming down — but slowly
The U.S. economy is slowing down, albeit at a glacial pace, and this should help inflation continue to gradually cool, ...
Mexico's headline inflation likely edged up in early May: Reuters poll
Mexico's headline inflation likely ticked up in the first half of May for the third consecutive fortnight, a Reuters poll ...
Target is cutting prices on up to 5,000 items to lure back inflation-weary shoppers
Target has slashed prices on more than 1,500 popular items beginning immediately, ranging from butter to laundry detergent, ...
Surging shipping costs could complicate Fed’s inflation fight
A major global supply shortage played a key role — perhaps the biggest one — when U.S. inflation soared in 2022 to a 40-year ...
Inflation is up 20% since Biden took office
President Biden lauded the April CPI report as a sign of progress in fighting inflation, even as the data suggested the road ...