Fed's Logan calls for caution on rate cuts, even if inflation cools
Dallas Federal Reserve Bank President Lorie Logan on Friday reiterated her view that even if inflation nears the Fed's 2% goal in coming months, the U.S. central bank should not necessarily reduce short-term borrowing costs in response.
U.S. stocks ended little changed but up on the week. Relief that Trump delayed reciprocal tariffs overshadowed weak retail ...
Latest numbers — on wholesale prices — suggest inflation is running more than 50 percent above the target set by the Federal ...
U.S. wholesale prices came in hotter than expected last month at a time when progress against inflation appears to have ...
Prices moving upward in January has further cooled hopes of an interest rate cut from the Federal Reserve in the near future.
The hotter-than-expected wholesale inflation came just a day after data showed consumer prices rose more than anticipated.
The change was slightly above analysts' expectations and is likely to bolster reluctance at the Fed to cut interest rates any further.
The Indian rupee is likely to open flat-to-marginally weaker on Thursday after hotter-than-expected U.S. inflation data made ...
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