The Federal Reserve’s preferred inflation gauge moved even higher in December, driven largely by rising energy prices as well ...
Traders on Friday kept bets that the Federal Reserve will wait until June to resume interest rate cuts, after government data ...
The latest inflation figures arrive as President Donald Trump has threatened to impose big import taxes on goods from Canada ...
U.S. stocks opened higher on Friday after an earnings report from Apple impressed investors by showing strong growth in the consumer-tech giant's services business. Later, a reading from the Federal ...
The core index, one that strips volatile food and energy costs and is used by the Fed in setting interest rates, rose 0.2% in December and 2.8% annually, unchanged from November.
The US Federal Reserve's preferred inflation measure accelerated for a third month in a row in December, according to ...
Friday's inflation report likely won't provide much comfort to borrowers with maturing commercial-real-estate loans. The Federal Reserve this week held rates steady at about 1% below peak levels, whil ...
U.S. labor costs rose marginally in the fourth quarter, offering some comfort to Federal Reserve officials after progress lowering inflation stalled at the end of 2024. The employment cost index (ECI) ...
Fed Chair Jerome Powell said earlier this week he expects inflation to turn lower again, but he did not say when he expected it to happen. The most recent Fed forecast shows PCE inflation ending 2025 ...
US President Donald Trump is getting his wish that interest rates drop across the world, just not at home, where a strong economy and uncertainty over his own policies have set the stage for the ...
Many of the executive actions related to bitcoin and crypto were wish-list items the industry has been pushing for.
The accompanying policy statement did not include the reference to inflation having made progress toward the Fed's 2% target. No rate cut is expected before June ...