The Federal Reserve kept its key interest rate unchanged as officials grappled with uncertainty caused by inflation and ...
WASHINGTON -- The US Federal Reserve on Wednesday left the target range for the federal funds rate unchanged at 4.25 percent ...
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 ...
Here’s how the central bank’s interest rate stance influences car loans, credit cards, mortgages, savings and student loans.
Slower growth in the cost of housing has helped achieve a sharper-than-expected decline in underlying inflation, raising the ...
The new data were published Thursday by the Bureau of Economic Analysis in its report for gross domestic product for the fourth quarter.
The Bank of England must contend with a slowdown in Britain's economy but also stubborn inflation pressures when it considers ...
President Donald Trump renewed his complaints with the Federal Reserve after it left its benchmark interest rate unchanged.