The central bank needs to see further progress on inflation or weakness in the labor market to resume interest rate cuts.
Fresh tariffs amid high inflation are making the Fed’s job uniquely difficult and feeding uncertainty about what to expect ...
A spike in energy prices helped to lift the headline PCE price index in December. The combined cost of gasoline, electricity, ...
Chicago Federal Reserve President Austan Goolsbee said inflation data released on Friday was a bit better than expected and ...
Two Federal Reserve officials seen as representing contrasting sides of the policy spectrum said on Friday they'll be ...
WASHINGTON (AP) — An inflation gauge closely watched by the Federal Reserve rose slightly last month, the latest sign that ...
“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 ...
On a three-month annualised basis — seen as a more accurate picture of the trajectory of inflation — the core PCE price gauge ...
A once-dominant BlackRock Inc. bond ETF is at risk of losing its crown as the biggest inflation-hedging product of its kind, ...
The Fed is in no hurry to cut rates. December’s PCE inflation reinforces that stance, with the headline rate ticking up to ...