Core PCE, the Fed’s preferred inflation measure, hit an annual rate of 3.3% today. But there’s not that much the Fed can do when there are so many factors outside of its control.
The competition to pay depositors higher rates has been hot for several years, leaving many smaller lenders feeling pressured to raise deposits.
An analysis of taxi data suggests the possibility of increased communications around Federal Open Market Committee meetings.
Victoria Guida from Politico talks about Fed Chair Janet Yellen and her possible successor.
Feds and financial institutions still negotiating the rules on regulation
The Fed's decision doesn't mean all rates will rise at the same pace — or at all.
