Indeed, markets largely expect the Fed to hold tight for at least the next several months as policymakers observe the reality ...
The central bank needs to see further progress on inflation or weakness in the labor market to resume interest rate cuts.
Since officials first cut rates in September, inflation has made uneven progress back down toward the central bank’s target.
The core index, one that strips volatile food and energy costs and is used by the Fed in setting interest rates, rose 0.2% in ...
The Federal Reserve's preferred inflation gauge, known as the personal consumption expenditures index, rose in December in ...
The Federal Reserve’s preferred inflation gauge moved even higher in December, driven in part by rising food and energy prices. However, a closely watched measurement of underlying inflation trends ...
The tariffs on China, Canada, and Mexico could raise the prices of everything from cars and gas to homes and food ...
President Donald Trump’s weekend announcement of tariffs on Mexico, Canada and China translated into a shock for market-based ...