The Fed’s Preferred Inflation Measure Ticked Up Slightly in December
The central bank needs to see further progress on inflation or weakness in the labor market to resume interest rate cuts.
U.S. inflation is lingering and tariffs threatened by Trump could nudge prices in wrong direction
An inflation gauge closely watched by the Federal Reserve rose slightly last month, the latest sign that some consumer prices ...
Fed’s Goolsbee Lauds Inflation Progress But Supports Slower Pace
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.
Fed's Goolsbee comforted by latest inflation data, worried about tariffs
Chicago Federal Reserve President Austan Goolsbee said inflation data released on Friday was a bit better than expected and ...
PCE Report Shows Fed's Favorite Inflation Measure Accelerated In December
The Federal Reserve's preferred measure of inflation picked up in December, pushing the central bank's goal of a 2% annual rate farther into the distance.
US Inflation Rises in December; Consumer Spending Accelerates
Consumer spending, which accounts for more than two-thirds of U.S. economic activity, jumped 0.7% in December after an ...
Bowman: Inflation Risks to the Upside, Further Rate Cuts Should Be Gradual, Cautious
WASHINGTON (Reuters) - Federal Reserve governor Michelle Bowman said she still expects declining inflation to allow further ...
The Fed’s go-to inflation gauge heated up again
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 ...
Fed hold rates steady, sees inflation as ‘elevated’; Powell declines comment on Trump
The Fed said the job market is “solid,” and noted that the unemployment rate “has stabilized at a low level in recent months.
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Who holds the most gold in the world? See which countries top the list"
Today, many countries hold significant amounts of gold in their reserves. Why? This precious metal is often seen as a safe ...
Why are mortgage rates still so high? There’s something more important than Fed policy at work
The federal funds rate and mortgage interest rates are often expected to move together, but they haven’t lately. Here’s why.