An inflation gauge closely watched by the Federal Reserve rose slightly last month, the latest sign that some consumer prices ...
Inflation has stalled above policymakers’ 2% target, according to data released Friday morning, bolstering the case for the Federal Reserve’s decision earlier this week to pump the brakes on its ...
Consumer spending, which accounts for more than two-thirds of U.S. economic activity, jumped 0.7% in December after an upwardly revised 0.6% rise in November. Spending was previously reported to have ...
The central bank needs to see further progress on inflation or weakness in the labor market to resume interest rate cuts.
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 price gauge used by the Federal Reserve to help set U.S. interest rates accelerated in December, pushing the bank further ...
Federal Reserve Governor Michelle Bowman said she wants to see additional progress on inflation before the central bank ...
The measure of price increases targeted by the Fed sped up in December, reflecting a stubborn spell of inflation that remains ...
Federal Reserve governor Michelle Bowman said she still expects declining inflation to allow further interest rate cuts this ...
Finance Minister Nirmala Sitharaman tables India's Economic Survey for 2024-25 in Parliament, covering current economic ...
The Fed said the job market is “solid,” and noted that the unemployment rate “has stabilized at a low level in recent months.