Consumer Price Index showed an acceleration to 2.9%, the highest rate since July. With such high inflation, the Fed is ...
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, ...
The Fed’s challenge this week is how to pause and communicate a data-dependent approach to future cuts without drawing the ...
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 ...
The US Federal Reserve’s (Fed) first meeting of 2025 this week stands to test the resurgence in US stocks as investors gauge ...
President Trump said if oil prices come down he'll demand lower interest rates immediately, adds he knows rates 'much better' ...
Inflation picked up speed in December as the U.S. economy showed unexpected signs of strength at the end of 2024. The ...
Fresh inflation data released Wednesday is likely to keep the Federal Reserve on pause during its next policy meeting this ...