January CPI report expected to show headline inflation eased slightly amid rate cut debate
January's Consumer Price Index will serve as the latest test of whether inflation pressures have eased further.
Fed faces thorny decisions as it weighs when to lower interest rates amid Trump's tariffs
The Fed faces complex decisions as it decides how quickly to cut rates or whether to raise them amid Trump's tariffs and ...
Insurancenewsnet.com1d
Five questions for Kristin Pruitt President, Lake City Bank
You were announced on Jan. 14 as a new board member for the Federal Reserve Bank of Chicago, set to serve a three-year term. I'm very excited to bring my insights about what is happening in Indiana to ...
WTTW1d
How Trump’s Plan to Shrink the Federal Workforce Could Impact Illinois
Although Trump is a convicted felon who pardoned those found guilty of crimes like assaulting law enforcement officers at the Jan. 6, 2021, breach of the U.S. Capitol, the memo says that “employees ...
Little to no relief from high borrowing costs expected as Fed Chair Powell heads to the Hill
Steady hiring and a mostly-healthy job market suggest that there is less of an urgent need for the Fed to reduce borrowing ...
PBS4d
Chicago Fed president on what the new jobs report says about the economy
The new jobs report shows the pace of hiring slowed slightly in January with the economy adding 143,000 jobs. The report also ...
Fed officials see healthy jobs market, no rate-cut rush
Federal Reserve officials on Friday said the U.S. job market is solid and noted the lack of clarity over how President Donald ...
US jobs report: Employers add 143,000 jobs in January as unemployment rate sits at 4%
Employers added 143,000 jobs in January amid LA wildfires, cold weather and uncertainty over President Trump's trade and ...
Fed’s Goolsbee Sees Uncertainty Driving Shallower Rate-Cut Path
Federal Reserve Bank of Chicago President Austan Goolsbee said that while fiscal policy uncertainty may lead to fewer rate cuts, he still sees some reductions over the next 18 months.
Chicago Fed CEO says tariff uncertainty could slow rate lowering
"I still think my ultimate where-we're-going-to-land is a fair bit below where we are today," Austan Goolsbee said at auto ...
Goolsbee: Fed in solid place for eventual cuts though uncertainty means a slower approach
A full-employment economy with solid growth and falling inflation will let the U.S. Federal Reserve continue cutting interest ...