HomeTagsTag:Fiscal Policy News

Tag: tag:Fiscal Policy News

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Inflation lingers, but will interest rate change?

If you’re hoping for an interest rate cut from the Fed today, don’t hold your breath.Chances of a rate cut from the Federal Reserve...

2025 Social Security COLA forecast rises as inflation stays elevated

The latest estimate of Social Security's cost-of-living adjustment for 2025 rose to 3.2% after the government reported that April inflation was in line with...

Credit card delinquencies are rising. Blame inflation, interest rates

A growing number of Americans are maxed out on their credit cards.Nearly one-fifth of credit-card borrowers were using at least 90% of their available...

Fed likely to keep rates higher longer, rate hike unlikely. Powell says

Federal Reserve Chair Jerome Powell said Tuesday that “it may take longer than expected” for high interest rates to lower inflation.He also reiterated, however,...

Live updates of interest rate decision for May

It’s deja vu all over again: The Federal Reserve is expected to take no action on interest rates at its monthly meeting on Wednesday,...

February Sees PCE Inflation Report Edging Up, Garnering Close Attention from the Fed

An annual inflation measure watched closely by the Federal Reserve crept higher in February, its first rise in five months and a sign the central bank...

Data release shows Inflation stayed high

Rising gasoline costs kept inflation elevated in February, underscoring that a return to more modest consumer price increases following a pandemic-induced spike may continue...

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