An inflation gauge closely watched by the Federal Reserve rose slightly last month, the latest sign that some consumer prices ...
The Federal Reserve's preferred inflation gauge, known as the personal consumption expenditures index, rose in December in ...
The price gauge used by the Federal Reserve to help set U.S. interest rates accelerated in December, pushing the bank further ...
Federal Reserve Governor Michelle Bowman said she wants to see additional progress on inflation before the central bank ...
Progress on inflation was “noticeably” slower last year than in 2023, and upside risks to higher price pressures remain, and therefore the U.S. central bank should adopt a cautious and gradual ...
Stock futures are higher Friday morning as investors respond to a steady stream of earnings reports and await the release of a closely followed inflation indicator.
Federal Reserve governor Michelle Bowman said she still expects declining inflation to allow further interest rate cuts this ...
U.S. prices increased in December while consumer spending surged, suggesting that the Federal Reserve could delay cutting ...
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 ...
Policy changes: When the Fed adjusts the federal funds rate, it spills over into many aspects of the economy, including ...
Tax season is here. That means gathering documents, choosing how to file and, if you're fortunate enough to earn a tax refund ...
Then-President Joe Biden claimed victory in 2023 when egg prices fell by 22%, after tripling during his first two years in ...