by | Oct 10, 2025 | Economy, Industry News, Latest News, Lead Story, National, News, Premier |
Federal Reserve Governor Michael S. Barr warned Thursday that the central bank’s battle against inflation is far from over, with price pressures expected to persist until 2027, as rising tariffs continue to ripple across the economy. Speaking at the Economic Club of...
by | Oct 7, 2025 | Economy, Industry News, Latest News, National, News, Politics, Premier |
At the September Federal Open Market Committee (FOMC), where interest rates were cut by 25 basis points, newly appointed Federal Reserve Governor Stephen Miran dissented and voted for a larger interest rate cut of 50 points. Miran has since called for further rate...
by | Oct 2, 2025 | Brokers, Economy, Industry News, Latest News, Lead Story, National, News, Premier |
The jobs report for September numbers from the U.S. Bureau of Labor Statistics (BLS), which was planned for Oct. 2, will not be released due to the federal government shutdown Oct. 1. A statement on the U.S. Bureau of Labor Statistics website reads: “This website is...
by | Sep 29, 2025 | Economy, Industry News, Latest News, National, News, Premier |
Above, Michelle Bowman. The Fed cut interest rates by 25 basis points at the September Federal Open Market Committee (FOMC) meeting, citing concerns about a weak labor market seen through reports of increasing unemployment. This rate cut was made despite inflation...
by | Sep 26, 2025 | Economy, Industry News, Latest News, Lead Story, National, News, Premier |
Inflation remains elevated, but still in line with expectations in August, according to the latest readings of the Federal Reserve’s favored inflation measure: the Personal Consumption Expenditure (PCE) index from the Bureau of Economic Analysis (BEA) The PCE price...
by | Sep 24, 2025 | Economy, Industry News, Latest News, National, News, Premier |
Federal Reserve Chair Jerome Powell, in a speech before the Greater Providence Chamber of Commerce in Warwick, Rhode Island yesterday, delivered an updated economic outlook Tuesday, describing rates as “modestly restrictive” and warned of competing pressures from...