hike

Economy

Markets raise chances for a Fed rate hike following hot inflation report

A customer shops for produce in an H-E-B grocery store on May 11, 2026 in Austin, Texas. Brandon Bell |

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Finance

Powell sees inflation outlook in check, no need to hike rates because of oil shock

Federal Reserve Chair Jerome Powell, in a wide-ranging talk at Harvard University, said Monday that he sees inflation expectations as

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Economy

Markets now see the Fed’s next move as a potential rate hike as inflation fears mount

A man walks at a supermarket in Houston, Texas, on March 17, 2026. Ronaldo Schemidt | AFP | Getty Images

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Business

Macy’s CEO says retailer will hike some prices as tariffs cut into profits

Macy’s cut its full-year profit guidance on Wednesday even as it beat Wall Street’s quarterly earnings expectations, as the retailer’s

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