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When consumers buy more now in anticipation of higher prices — and workers demand higher pay — it can lead businesses to ...
Atlanta Federal Reserve President Raphael Bostic warned that effects of President Donald Trump's tariffs could cause ...
The Federal Reserve’s preferred inflation gauge had been expected to reinforce the growing case for interest rate cuts sooner ...
Trump's top central bank overseer said inflation appears to be on a path back to 2% and expects “only minimal impact” from ...
Austan Goolsbee doesn't think that stagflation is possible in the near term, despite rising geopolitical conflicts and ...
The Federal Reserve’s preferred inflation gauge, the Personal Consumption Expenditures index, climbed 4.4 percent in April, a slight increase from March.
There’s rarely a convenient time for the Federal Reserve to openly debate whether its 2 percent inflation target makes sense. This isn’t that time, but the Fed better get ready.
The personal consumption expenditures (PCE) price index, the Federal Reserve's preferred inflation measure, dropped to 2.1% last month on an annual basis, close to the central bank's goal of a 2% ...
The Federal Reserve's preferred measure of inflation rose less than expected in November, bolstering bets that the central bank will begin cutting interest rates in 2024. Primary Menu Sections US News ...
The Federal Reserve is opening the door to possible interest rate hikes earlier next year than had been expected, as it wrestles with the highest inflation in nearly four decades.
No interest rate cut by Federal Reserve as inflation remains above target 05:58. The Federal Reserve said Wednesday that it will leave its benchmark rate unchanged, hitting the brakes on lowering ...
That's the highest annual inflation since 1991 and more than double the Fed's long-term target of 2%. Sponsor Message Federal Reserve chairman Jerome Powell acknowledged the hardship that ...