The Consumer Price Index rose 2.9 percent from a year earlier, but a measure of underlying inflation was more encouraging.
Annual inflation ticked up for a third straight month in December as food, energy costs rose, CPI report showed. But ...
Key Takeaways A slowdown in core inflation prompted Federal Reserve officials to express confidence that inflation is on its ...
The pressure on the Fed to declare the race over and continue lowering interest rates is real. It would be a mistake to cave ...
Since the FOMC is responsible for setting interest rate policy at the Fed, Wall Street watches each SEP very closely. In the September SEP, the FOMC forecast five potential interest rate cuts in 2025, ...
Fresh inflation data released Wednesday is likely to keep the Federal Reserve on pause during its next policy meeting this ...
The better-than-expected data sent the blue-chip Dow Jones Industrial Average surging more than 700 points, or 1.7%, as ...
Federal Reserve Bank of Chicago President Austan Goolsbee said he sees continued improvement in inflation and is optimistic ...
Inflation, part of the Fed's dual mandate of maintaining price stability with maximum employment, remained a challenge throughout 2024, with price increases approaching — but not breaching ...
Inflation is causing rates to rise, and rising interest rates are the predominant problem facing markets in early 2025. Read ...
The U.S. Federal Reserve will hold interest rates steady on Jan. 29 and resume cutting in March, according to a slim majority ...