Fed's Goolsbee comforted by latest inflation data, worried about tariffs
High Inflation Sows Debate About New Fed Playbook for Tariffs
 · 14hHosted on MSN
Fed's Goolsbee says he likes inflation data, but cites policy uncertainties
Chicago Federal Reserve Bank President Austan Goolsbee said Friday's inflation data was a bit better than expected and helps give him comfort that inflation is on path to 2%, adding that he still expects the Fed's policy rate to be "a fair bit" lower in 12 to 18 months than it is today.
Wall Street slips after the Federal Reserve keeps interest rates steady
U.S. stock indexes are drifting on Wednesday, ahead of the Federal Reserve’s upcoming decision on interest rates and after two days of disruption driven by doubts about the artificial-intelligence boom.
CBS Detroit on MSN2d
Metro Detroit politicians, advocates urge immigrants to know their rights
On Wednesday, advocates in Metro Detroit rallied together at Patton Park in Detroit to emphasize the rights of local immigrants.
Federal Reserve expected to stand pat on rates even as Trump demands cuts
The Fed is nearly certain to keep its key interest rate unchanged at its policy meeting this week, just a few days after Trump said he would soon demand lower rates.
Federal Reserve holds interest rates steady as inflation remains above 2%
The Federal Reserve opted to leave its benchmark interest rate unchanged in its first policy meeting since President Trump's inauguration.
Wall Street surrenders gains after White House confirms Trump tariff move
Apple and other big U.S. companies reporting fatter profits than expected are helping Wall Street shave off more of its sharp losses from the start of the week on Friday.
The Fed Is Sitting on the Sidelines, but for How Long?
The relative calm in the markets may not survive upheaval in the A.I. sector and a deluge of disruptive Trump policies, our columnist says.
Inflation ticked higher last month, in latest sign of persistent price pressures
Friday’s report from the Commerce Department showed that consumer prices rose 2.6% in December from a year earlier.
Powell’s Fed on Defensive as Diversity Effort Comes Under Fire
Donald Trump’s offensive against diversity, equity and inclusion programs is putting the US central bank in an uncomfortable squeeze. And so far, the Federal Reserve and its chair, Jerome Powell, appear to be falling in line with the president.
'We are in mourning': President Trump mixes sympathy and politics as consoler-in-chief
Americans turn to their leaders for solace in times of mourning. Donald Trump has used national tragedies to make political points or demean critics.
Trump is getting the lower interest rates he demanded from everyone but the Fed
U.S. President Donald Trump is getting his wish that interest rates drop across the world, just not at home where a strong economy and uncertainty over his own policies have set the stage for the Federal Reserve to diverge from its central bank peers.
NBA All-Star reserves: Spurs' Victor Wembanyama among six first-time honorees
The NBA All-Star Game reserves revealed 14 more players, six of whom are first-timers. The game is scheduled Feb. 16 in San Francisco's Chase Center.