
Here’s why low inflation has the Fed concerned right now
With the best job market in decades, the Fed is wondering why there isn’t more inflation.
The Federal Reserve is one of the most complex institutions in the world; yet, its decisions impact consumers’ wallets more than any other policymaker in Washington, D.C. My goal is to remove some of the mystery surrounding the U.S. central bank, so you can be an even smarter consumer.
— Sarah Foster
Bankrate.com writer Sarah Foster covers the Federal Reserve, the U.S. economy and economic policy. Originally from a small town in rural Illinois, Foster developed a passion for economics while watching her community recover from the Great Recession. She witnessed just how much Main Street is impacted by Wall Street and saw firsthand that the Federal Reserve’s most well-intentioned policies can still leave those most desperate for help behind.
Sarah previously worked for Bloomberg News, the Chicago Tribune and the Chicago Daily Herald and has been quoted in several national and regional media outlets, including Yahoo! News, NBC, the Toronto Star, the St. Louis Post-Dispatch and more.
The Federal Reserve is one of the most complex institutions in the world; yet, its decisions impact consumers’ wallets more than any other policymaker in Washington, D.C. My goal is to remove some of the mystery surrounding the U.S. central bank, so you can be an even smarter consumer.
— Sarah Foster
With the best job market in decades, the Fed is wondering why there isn’t more inflation.
April jobs numbers beat expectations with unemployment dropping, but wages missed estimates.
The Fed continues to delay any interest rate moves amid persistently low inflation.
The Fed might find itself in a tricky situation.
GDP expanded by 3.2 percent, but gains came from the typically more volatile components.
The Fed will most likely hold interest rates steady, but here’s how it could still impact your wallet.
Yet, only 25 percent say these economic concerns are leading them to spend less.
Federal Reserve officials are giving themselves room to be flexible with monetary policy.
While the jobs number came in strong, wage gains missed estimates.
The Fed voted to leave interest rates alone for the second-straight meeting.
Economists weigh in on whether risks to the economic outlook are more heavily tilted toward the downside, the upside or balanced.
Fed Chairman Jerome Powell said the U.S. central bank is in no rush to adjust rates.
The U.S. economy added fewer jobs than expected in February, while wages picked up more than forecast and the unemployment rate fell.
Two-thirds of economists surveyed say the U.S. central bank will increase borrowing costs again in 2019.
The U.S. economy expanded at a slower pace in the fourth quarter of 2018, but came in well ahead of estimates.