News

Consumer prices increased by the most in five months in June, with solid rises in the costs of tariff-exposed goods like ...
The case for a U.S. interest rate cut remains unresolved as Federal Reserve officials head into their policy meeting later ...
The minutes reveal more closely the behind closed doors thinking between the U.S.’ top policymakers with the Fed under ...
CPI data reveals inflation trends, with core at 2.9%. Service sector inflation rises, suggesting the Fed may hold rates ...
Fed’s Hammack has affirmed her support for a wait-and-see approach to a Fed rate cut, further quenching hopes of a July cut.
Consumers think prices will remain relatively steady over the next year but fear long-term increases, surveys show.
Monetary policymakers have held off on lower interest rates for months, citing the risk of tariff-induced inflation. Several now say this week's CPI and PPI reports confirmed their suspicions.
Overall, grocery prices rose 0.3% last month and are up 2.4% from a year earlier. While that is a much smaller annual ...
The U.S. Federal Reserve's independence is threatened by political interference, especially highlighted by President Trump's ...
Trump sent Fed Chair Powell a handwritten note demanding lower interest rates to reduce government borrowing costs. Experts ...
Prices rose faster in May than forecasters had anticipated, and consumers unexpectedly lost income and pulled back on spending.
Inflation rose by three tenths of a percentage point to 2.7% for the year ending in June, the Bureau of Labor Statistics reported Tuesday in an update to the consumer price index. Forecasters had ...