CME's closely watched FedWatch tool uses the futures market to predict rate-cut odds. It currently pegs at 93% the probability that at the central bank's next meeting, on Sept. 17, Fed Chairman Jerome ...

It’s been a little mixed,” Goolsbee said Friday, referring to recent inflation data in an interview on CNBC. “I feel like we ...

The Fed Chair Powell is expected to stay hawkish at the Jackson Hole Symposium and fail to signal an interest rate cut in ...

The CME FedWatch Tool shows an 88% probability of a 25 basis point Fed rate cut in September, down from almost full pricing ...

Bitcoin falls on hot July PPI data showing 0.9% jump. Inflation fears dim Fed rate cut hopes. Retail sales data next key risk factor.

Chicago Fed President Austan Goolsbee called a jump in the prices of some services “the most concerning thing” in Tuesday’s ...

Welcome to The Hill’s Business & Economy newsletter{beacon} Business & Economy Business & Economy   The Big Story Inflation spike backs Fed into corner on key ...

"The hardest thing that the Fed ever has to do is get the timing right at moments of transition,” Goolsbee said on NBC News’ ...

The initial headline number showed that the often overlooked gauge, which measures prices paid to domestic producers, rose by 0.9% in July. That was the fastest pace in three years, and much higher ...

Producer prices increased by the most in three years in July, suggesting a broad pickup in inflation was imminent. "This is a ...