Consumer Price Index showed an acceleration to 2.9%, the highest rate since July. With such high inflation, the Fed is ...
The US Federal Reserve is expected to announce a pause in rate cuts on Wednesday, as policymakers look to continue tackling inflation under close and vocal scrutiny from President Donald Trump.
Annual inflation ticked up for a third straight month in December as food, energy costs rose, CPI report showed. But ...
Inflation is proving stickier than expected, which could cause Fed to hit pause button on more interest rate cuts.
Former Kansas City Fed President Esther George joins 'Squawk Box' to discuss President Trump's comments on the Fed, impact on ...
Federal Reserve policymakers may be able to reduce interest rates a couple of times this year, traders bet on Wednesday, ...
Since the FOMC is responsible for setting interest rate policy at the Fed, Wall Street watches each SEP very closely. In the September SEP, the FOMC forecast five potential interest rate cuts in 2025, ...
The better-than-expected data sent the blue-chip Dow Jones Industrial Average surging more than 700 points, or 1.7%, as ...
Fresh inflation data released Wednesday is likely to keep the Federal Reserve on pause during its next policy meeting this ...
U.S. inflation likely worsened last month on the back of higher prices for gas, eggs, and used cars, a trend that could make ...
U.S. Federal Reserve policymakers meeting next week are expected to keep interest rates on hold but the larger story ...
A person shops for eggs at a Whole Foods Market in New York City. Photo: Getty Images U.S. inflation picked up last month as prices rose for gas, eggs, and used cars, yet underlying price ...