The Fed’s median target rate is still well above the annual pace of consumer inflation. The odds are low that Fed will cut rates at the upcoming July 30 policy announcement. Read more here.

The president hasn’t named a successor to Jerome H. Powell, but his insistence on someone who will lower interest rates has already raised doubts about their credibility.

Americans' outlook on inflation was little changed last month as households upgraded their views on the state of their finances and ability to get credit, according to a report released on Tuesday by the New York Federal Reserve.

It's too soon to tell if tariffs will have a lasting impact on inflation, St. Louis Fed President Alberto Musalem said on Thursday Core PCE inflation has been running at 2.7% Y/Y, and has been increasing over the past three months.

Gold held steady after the latest Federal Reserve minutes showed officials are divided over the outlook for interest rates.

The prospect of the Federal Reserve once again setting its short-term interest rate target at near zero levels at some point in coming years remains real despite current relatively high levels of short-term borrowing costs,

Fed policy actions contradict its stated rule to focus on the mandate most out of balance, undermining credibility and inflation expectations. By delaying decisive action on inflation, the Fed risks higher future inflation, interest rates, and unemployment, making its current strategy dangerous.