Knowing when to switch bank accounts can be stressful, especially as inflation rises. Find out how to know it's time to switch.

which bases its calculations on the Consumer Price Index, a widely used indicator for inflation. Members of the Federal Reserve Board of Governors are appointed by the U.S. president and confirmed ...

The Fed is expected to leave borrowing rates unchanged at the conclusion of its latest two-day policy meeting on Wednesday.

The Federal Reserve will hold its first policy meeting of the year on Jan. 28 and 29, where it is widely expected to keep interest rates right where they are after cutting three times since September.

The Consumer ... Price Index for Urban Wage Earners and Clerical Workers (CPI-W): This index is used to determine the annual cost of living adjustments to Social Security benefits and to adjust ...

The USD/MXN exchange rate has recently pulled back, ending the strong Mexican peso sell-off a few weeks ago. It retreated from this month’s high of 20.93 to the current 20.40 and is hovering near its lowest point since December 26.

Energy costs drove much of the increase, with gas prices up by 4.4 percent from November. Other factors contributing to the rise include continued increases in rent, higher used car prices, and rising food prices at both grocery stores and restaurants. Despite rising costs, wages are growing at a faster rate than inflation.

Long Island economy will depend on how uncertainties unfold. Foremost are the fiscal policies enacted by President Trump and the monetary policies of the federal reserve.

The December CPI report showed that core inflation continued to moderate in key areas like goods, even as the headline inflation rate ticked up slightly thanks to rising energy prices. Markets celebrated after that report, which eased investors’ worries about reaccelerating price pressures.

It's important to understand that the Fed's decision to pause rate cuts will not directly impact mortgage rates. Mortgage rates are actually driven by a range of factors, including the Fed's rate changes. This week's Fed rate decision does, however, have a big influence on where mortgage rates could head.

Inflation likely accelerated in December, putting pressure on the Federal Reserve to keep interest rates relatively high.