Inflation is proving stickier than expected, which could cause Fed to hit pause button on more interest rate cuts.
Consumer Price Index showed an acceleration to 2.9%, the highest rate since July. With such high inflation, the Fed is ...
Federal Reserve Bank of Richmond President Tom Barkin said fresh data show continued progress on lowering inflation toward ...
Federal Reserve officials said data released on Wednesday showed U.S. inflation was continuing to ease even as they noted ...
Disinflation in key areas of consumer prices should help the Federal Reserve stick to its policy path of gradual cuts to ...
A relatively benign U.S. reading on consumer price increases triggered a sharp relief rally in stocks and bonds on Wednesday, ...
Federal-funds futures on Wednesday were pointing to the Federal Reserve keeping its benchmark interest rate at the current level potentially until June, as traders assessed data showing that core U.S.
While Wednesday's CPI data may not soothe concerns about inflation risks under the Trump administration, it "should quiet the tut-tutting of armchair central bankers who had criticized the Fed's ...
The incoming president is set to inherit three months of rising inflation from his predecessor, the Consumer Price Index ...
The Consumer Price Index rose 2.9 percent from a year earlier, but a measure of underlying inflation was more encouraging.
The Federal Reserve will hold its first policy meeting of the year on Jan. 28 and 29, where it is widely expected to keep ...
Figures from December show core inflation tamer than expected, but "there's still work to do" amid broader uncertainty.