Fresh tariffs amid high inflation are making the Fed’s job uniquely difficult and feeding uncertainty about what to expect ...
Plus, why Morningstar believes the Federal Reserve will cut interest rates this year more than the markets predict.
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 ...
Trump said Powell and the Fed "failed to stop the problem they created with inflation" in a post on Truth Social on Wednesday ...
The central bank needs to see further progress on inflation or weakness in the labor market to resume interest rate cuts.
Friday’s report from the Commerce Department showed that consumer prices rose 2.6% in December from a year earlier, up from a ...
With the Fed pausing interest rates, prospective borrowers may be contemplating the short-term future of interest rates.
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 ...
Inflation closed out 2024 on a strong note, as a price gauge the Federal Reserve focuses on came in well above the central ...
Federal Reserve Bank of Chicago President Austan Goolsbee praised the latest inflation data, adding it’s appropriate to lower interest rates as price growth slows.
The US Federal Reserve's preferred inflation measure accelerated for a third month in a row in December, according to ...