Inflation is proving stickier than expected, which could cause Fed to hit pause button on more interest rate cuts.
The Consumer Price Index report for January is expected to show broadly unchanged annual inflation according to nowcasts. That may be broadly good news for the Fed.
Bond yields fell further from multi-month highs as traders braced for Wednesday’s consumer price index report.
By now, all seniors on Social Security should have gotten their first checks for 2025. With the latest 2.5% cost-of-living ...
After a two-day meeting of its monetary policy committee in Washington, the Fed announced it would hold its rate target at 4.25% to 4.50%.
The Federal Reserve expressed concern that inflation has not eased enough for it to continue lowering interest rates.
This contradicts months of claims from Jerome Powell who has insisted that price inflation was rapidly returning to the Fed's two-percent price inflation goal.
The Federal Reserve will hold its first policy meeting of the year on Jan. 28 and 29, where it is widely expected to keep ...
Underlying inflation dropped to its lowest rate in three years in the December quarter, strengthening the case for a ...
U.S. government debt aggressively rallied after the monthly core inflation reading from Wednesday's consumer-price index came in softer ... one-day declines since September-November.