The latest inflation data from the Bureau of Economic Analysis largely confirm market expectations. The Personal Consumption Expenditures Price Index…

The Federal Open Market Committee announced on Wednesday it would hold its federal funds rate target at 4.25 to 4.5…

"More cuts are projected for 2025, but not enough to return the stance of monetary policy to neutral." ~William J.…

"A 50 basis point cut in its federal funds rate target on Wednesday marks a reversal at the Fed." ~William…

"The federal funds rate target range is likely to be at least a full percentage point lower by the end…

"Democrats want to take credit for the higher real wages. Republicans want to deny that real wages are higher. Both…

"Labor market developments cannot explain the decline in nominal spending growth. Tighter monetary policy can... Given the lags of monetary…

"Despite the progress made on inflation over the last three months, and the risk of overtightening noted by Waller and…

"Prices today are 8.9 percentage points higher than they would have been had the Fed hit its 2-percent inflation target…

"It is difficult to say precisely when the inflation tide will turn. But consumers should expect inflation to remain high…