Inflation is proving stickier than expected, which could cause Fed to hit pause button on more interest rate cuts.
The Federal Reserve expressed concern that inflation has not eased enough for it to continue lowering interest rates.
Consumer inflation increased 2.9% in 2024, which is above the Federal Reserve's goal of 2%, but wages overall more than kept ...
The Federal Reserve will hold its first policy meeting of the year on Jan. 28 and 29, where it is widely expected to keep ...
Entering 2025, models from forecasting companies like Trading Economics anticipate inflation rates between 2.4% and 2.9% ...
The Fed is expected to leave borrowing rates unchanged at the conclusion of its latest two-day policy meeting on Wednesday.
Gas prices rose sharply, but investors homed in on a small decline in the core CPI.
The Federal Reserve is expected to maintain interest rates at 425-450 basis points on January 29, supporting a continued ...
Annual inflation ticked up for a third straight month in December as food, energy costs rose, CPI report showed. But ...
U.S. consumer prices rose in December due to higher energy costs, leading to the highest inflation in nine months. However, ...