The Federal Reserve kept its key interest rate unchanged as officials grappled with uncertainty caused by inflation and ...
The Federal Reserve opted to leave its benchmark interest rate unchanged in its first policy meeting since President Trump's ...
Inflation was a driving force behind Donald Trump’s election, but he’s put the issue on the back burner during his first week ...
For context, latest PCE price index data shows that the year-over-year inflation rate is at 6.3% as of April 2022. But in Morningstar's second quarter "U.S. Economic Outlook," researchers predict ...
A larger than expected drop in inflation data has boosted the chances of an interest rate cut as soon as February.
The inflation rate remained above 3% in early 2024. Since early 2022, inflation has been the Federal Reserve’s primary economic challenge. To address this, the Federal Open Market Committee ...
The new data were published Thursday by the Bureau of Economic Analysis in its report for gross domestic product for the fourth quarter.
Slower growth in the cost of housing has helped achieve a sharper-than-expected decline in underlying inflation, raising the ...
The Bank of England must contend with a slowdown in Britain's economy but also stubborn inflation pressures when it considers ...