This article was originally published on WealthyVC.com. Core inflation in the US cooled more than expected in December, ...
But Americans continue to face persistent “sticky inflation” in specific sectors, complicating the Federal Reserve’s efforts to manage the situation. Sticky inflation refers to price ...
The Labor Department released the inflation report for December, which showed prices were up 2.9% from a year ago, in line ...
Inflation is likely to continue to ease and possibly allow the central bank to cut interest rates sooner and faster than expected, Federal Reserve Governor Christopher Waller said Thursday in ...
Fresh inflation data released Wednesday is likely to keep the Federal Reserve on pause during its next policy meeting this month, even though a new reading did show some signs of easing. On a ...
Donald Trump won office promising to bring down inflation. Economists and the Federal Reserve suspect his promises of tariffs, tax cuts and deportations will have the opposite effect.
Federal Reserve Governor Christopher Waller doubled down on more rate cuts and cooling inflation following higher price projections from the central bank and growing expectations among investors ...
Disinflation in key areas of consumer prices should help the Federal Reserve stick to its policy path of gradual cuts to ...
Inflation moved up for the third month in a row, rising two-tenths of a percentage point to 2.9% for the year ending in December, adding to signs that the Federal Reserve may have to keep interest ...
But low unemployment and strong job growth have a downside: A robust job market can drive higher inflation, setting the Federal Reserve on a course to try to reduce it — which can mean a longer ...
Two Federal Reserve officials on Saturday emphasized the US central bank must finish off its fight against the post-pandemic price surge and reach its 2% inflation target. Despite significant ...