The dollar index (DXY00) on Wednesday rose by +0.22%.  The dollar whipsawed higher on Wednesday after recovering from a 3.5-year low.  The dollar initially retreated on Wednesday after the FOMC cut interest rates by -25 bp and signaled another -50 bp of rate cuts by year's end.  However, the dollar recovered its losses and turned higher on hawkish comments from Fed Chair Powell, who said higher goods prices are feeding through to inflation and that the FOMC expects inflation to continue to build into next ...

Three years ago this month, inflation had climbed to highs not seen since the early ’80s. The Fed had pushed the funds rate to 3.25%, part of one of its fastest tightening cycles in decades. MarketsJoseph Jones is a professor at The University of Southern Mississippi. He focuses on portfolio construction from a dividend growth investment perspective. The insights expressed in his research are solely his own; they may not represent the views or financial interests of his employer.Analyst’s Disclosure:I/we ha ...

My colleagues and I remain squarely focused on achieving our dual mandate goals of maximum employment and stable prices for the benefit of the American people. While the unemployment rate remains low, it has edged up. Job gains have slowed and downside risks to employment have risen.At the same time, inflation has risen recently and remains somewhat elevated. In support of our goals and in light of the shift in the balance of risks today, the Federal Open Market Committee decided to lower our policy interes ...

Federal Reserve System (:) Update / Briefing September 17, 2025 02:30 PM ET Company ParticipantsJerome Powell - ChairChris Rugaber - Economics ReporterNick Timiraos - ReporterColby Smith - CorrespondentMichael McKee - Chief International EconomistElizabeth Schulze - CorrespondentSteve Liesman - Senior Economics ReporterVictoria Guida - Economics CorrespondentEdward Lawrence - White House CorrespondentHoward Schneider - Federal Reserve reporterStephanie Ruhle - AnchorNeil Irwin - Chief Economic Correspondent ...

Schelsey with ABC News. The latest inflation report shows that prices are still going up across key categories for many households including groceries. What will the Fed do if prices pick up more.So our our expectation and you can see this consistently through the year has been that inflation will move up this year but that the the effect basically because of the effects on goods prices from tariffs but that uh those will turn out to be a one-time price increase as opposed to creating an inflationary proces ...

Fed's Powell on Rate Cut: 'Risks to Inflation Are Tilted to the Upside' ...

You can find original article here Wealthmanagement. Subscribe to our free daily Wealthmanagement newsletter. (Bloomberg) -- Federal Reserve officials lowered their benchmark interest rate by a quarter percentage point and penciled in two more reductions this year following months of intense pressure from the White House to slash borrowing costs. Chair Jerome Powell pointed to growing signs of weakness in the labor market to explain why officials decided it was time to cut rates after holding them stead ...

Chair Powell, do economic conditions and the balance of risks no longer warrant a restrictive policy setting. So I don't think we can say we can say that. What we can say is this, that over the course of this year, we've kept our policy at policy at a restrictive level and people have different views, but a clearly restrictive level, I would say so.And we were able to do that over the course of this year because the labour market was in very solid condition with strong job creation and all those things. I t ...

Chair Pal, do economic conditions and the balance of risks no longer warrant a restrictive policy setting. >> So I don't I don't think we can say we can say that. What we can say is this that over the course of this year we've kept our poly policy at a restrictive level and and people have different views but a clearly restrictive level I would say.So and we were able to do that uh over the course of this year because the labor market was in very solid condition with strong job creation and all those things ...

Good afternoon. My colleagues and I remain squarely focused on achieving our dual mandate goals of maximum employment and stable prices for the benefit of the American people. While the unemployment rate remains low, it has edged up.Job gains have slowed and downside risks to employment have risen. At the same time, inflation has risen recently and remains somewhat elevated. In support of our goals and in light of the shift in the balance of risks today, the Federal Open Market Committee decided to lower ou ...