An inflation gauge closely watched by the Fed rose slightly in December, the latest sign that some consumer prices remain ...
Gold hit a record high, with investors flocking to safe havens after US President Donald Trump reiterated threats to impose ...
Inflation has stalled above policymakers’ 2% target, according to data released Friday morning, bolstering the case for the Federal Reserve’s decision earlier this week to pump the brakes on its ...
The central bank needs to see further progress on inflation or weakness in the labor market to resume interest rate cuts.
The latest reading on the Fed's preferred inflation gauge comes just two days after the central bank paused its interest rate cutting cycle.
The Federal Reserve’s preferred inflation gauge moved even higher in December, driven in part by rising food and energy prices. However, a closely watched measurement of underlying inflation trends ...
Fed Chairman Jerome Powell said earlier this week he expects inflation to turn lower again, but he did not say when he expected it to happen. The most recent Fed forecast shows PCE inflation ending ...
Stay informed on the latest FOMC decisions, interest rates, and economic updates in the financial world with expert analysis ...
It was not the outcome Trump said a week earlier he would "demand" from a Fed chief he appointed in his first term, soured on over differences about rate policy ...
Fresh tariffs amid high inflation are making the Fed’s job uniquely difficult and feeding uncertainty about what to expect ...