Inflation dropped slightly in January but consumer spending, the primary driver of the U.S. economy, also saw its biggest decline in four years.
The Federal Reserve’s key measure of inflation cooled slightly in January, giving investors a glimmer of hope for interest rate cuts.
The latest reading of the Federal Reserve's preferred inflation gauge showed prices rose on a monthly basis but dropped year ...
Op-ed views and opinions expressed are solely those of the author. The latest data released by the Bureau of Labor Statistics shows that in January the annual […] ...
Yes, inflation has hammered households since 2021 and it has been horrific. The CPI ended January 23.4% above December 2019, ...
Economist Peter Schiff criticized the Federal Reserve’s 2% inflation target as a pretext for accommodative monetary policy, ...
No change in interest rates is expected when the Federal Open Market Committee is scheduled to set rates again on March 19.
Central bankers in major advanced economies have settled on 2% inflation as a reasonable target. In 2020, the Fed indicated it would tolerate periods above 2% to compensate for periods below that ...
As the Federal Reserve focuses on achieving 2% inflation in setting monetary policy, Trump’s policies — especially on tariffs — are likely to complicate the picture.
Federal Reserve Chair Jerome Powell faced questions on the closing of the Consumer Financial Protection Bureau, President ...
The administration's piecemeal approach may be damaging, Fed officials say, as businesses and consumers adjust to an outlook ...
Federal Reserve officials at a meeting last month pointed to rising risks that inflation could worsen, a key reason they kept ...