The central bank needs to see further progress on inflation or weakness in the labor market to resume interest rate cuts.
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 ...
An inflation gauge closely watched by the Federal Reserve rose slightly last month, the latest sign that some consumer prices ...
Friday's inflation report likely won't provide much comfort to borrowers with maturing commercial-real-estate loans. The ...
Inflation closed out 2024 on a strong note, as a price gauge the Federal Reserve focuses on came in well above the central ...
That's how high 25% tariffs on Canadian and Mexican goods could push U.S. inflation, according to analysis firm Capital ...
Federal Reserve Bank of Chicago President Austan Goolsbee praised the latest inflation data, adding it’s appropriate to lower interest rates as price growth slows.
The latest reading on the Fed's preferred inflation gauge comes just two days after the central bank paused its interest rate cutting cycle.
U.S. prices increased in December while consumer spending surged, suggesting that the Federal Reserve could delay cutting ...