Trump said Powell and the Fed "failed to stop the problem they created with inflation" in a post on Truth Social on Wednesday ...
A spike in energy prices helped to lift the headline PCE price index in December. The combined cost of gasoline, electricity, ...
Friday's inflation report likely won't provide much comfort to borrowers with maturing commercial-real-estate loans. The ...
The price gauge used by the Federal Reserve to help set U.S. interest rates accelerated in December, pushing the bank further ...
The relative calm in the markets may not survive upheaval in the A.I. sector and a deluge of disruptive Trump policies, our ...
An inflation gauge closely watched by the Federal Reserve rose slightly last month, the latest sign that some consumer prices ...
U.S. prices increased in December while consumer spending surged, suggesting that the Federal Reserve could delay cutting interest rates for some time this year. The personal consumption expenditures ...
Federal Reserve governor Michelle Bowman said she still expects declining inflation to allow further interest rate cuts this ...
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.