Inflation is proving stickier than expected, which could cause Fed to hit pause button on more interest rate cuts.
Consumer Price Index showed an acceleration to 2.9%, the highest rate since July. With such high inflation, the Fed is unlikely to cut rates in January.
Fed’s hawkish stance and potential reduction in rate cuts for 2025 have unsettled markets. Read more on market expectations, ...
The incoming president is set to inherit three months of rising inflation from his predecessor, the Consumer Price Index shows.
An applied Friedmanite, Volcker understood that excess growth of the money supply was the root cause of this ...
The Federal Reserve is likely to hold interest rates steady in its coming decision out Wednesday.
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 ...
Are we heading for a repeat performance of the resurrection of inflation that we saw in the mid-1970s? It sure appears to be ...
Next week brings more inflation data, with both the consumer price index (CPI) and producer price index (PPI) readings for ...
Line graph showing various measures of inflation and the Federal Reserve's policy rate of interest. The latest Consumer Price Index report showed inflation rising slightly in December but was ...
President Trump has urged for an immediate interest rate cut, but the Federal Reserve may delay further cuts due to ongoing ...
The latest Consumer Price Index report showed inflation rising slightly in December but was driven by volatile energy prices, something the Fed tries to factor out in its analysis of underlying ...