U.S. consumers grappling with soaring prices for beef and eggs will face even higher costs for meat, vegetables and fruit if ...
U.S. inflation increased by the most in eight months in December amid robust consumer spending on goods and services, ...
WASHINGTON (AP) — An inflation gauge closely watched by the Federal Reserve rose slightly last month, the latest sign that ...
Fresh tariffs amid high inflation are making the Fed’s job uniquely difficult and feeding uncertainty about what to expect ...
The increase was in line with economists' expectations. In the 12 months through December, the PCE price index advanced 2.6%.
The nonpartisan advocacy group The Senior Citizens League predicts the 2026 COLA will be 2.1%, based on data from the Bureau ...
Plus, why Morningstar believes the Federal Reserve will cut interest rates this year more than the markets predict.
The central bank needs to see further progress on inflation or weakness in the labor market to resume interest rate cuts.
“The Fed’s prognosis is for a slower pace of monetary easing moving forward, as the economy is doing well and prices are only slowly returning to target in an environment of great uncertainty,” said ...
No economic story has been as constant in recent years as the dramatic increase in inflation from 2021 to early 2023 and its ...
US labor cost growth cooled in the fourth quarter from a year earlier, reassuring Federal Reserve policymakers wage pressures ...
U.S. labor costs rose marginally in the fourth quarter, offering some comfort to Federal Reserve officials after progress ...
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