An inflation gauge closely watched by the Fed rose slightly in December, the latest sign that some consumer prices remain ...
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.
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 ...
Fresh tariffs amid high inflation are making the Fed’s job uniquely difficult and feeding uncertainty about what to expect ...
The president bashed Jerome Powell on inflation less than two hours after the Fed chair announced interest rates would stay ...
President Donald Trump renewed his complaints with the Federal Reserve after it left its benchmark interest rate unchanged.
President Donald Trump is renewing his old attacks on the Federal Reserve and its chair, Jerome Powell, after the independent ...