The price gauge used by the Federal Reserve to help set U.S. interest rates accelerated in December, pushing the bank further ...
Fresh tariffs amid high inflation are making the Fed’s job uniquely difficult and feeding uncertainty about what to expect ...
Federal Reserve governor Michelle Bowman said she still expects declining inflation to allow further interest rate cuts this ...
WASHINGTON (AP) — An inflation gauge closely watched by the Federal Reserve rose slightly last month, the latest sign that ...
Despite the pause this month, the Fed is still expected to resume rate cuts later this year, aiming to hit 2.5% or lower by ...
Since officials first cut rates in September, inflation has made uneven progress back down toward the central bank’s target.
U.S. interest rate cycles are driven largely by how restrictive or accommodative the Federal Reserve thinks monetary policy ...
A new GDP report Thursday and the expectation of a sticky inflation reading Friday should reinforce the Federal Reserve’s new ...