U.S. inflation increased by the most in eight months in December amid robust consumer spending on goods and services, ...
An inflation gauge closely watched by the Federal Reserve rose slightly last month, the latest sign that some consumer prices remain stubbornly elevated, even as inflation is cooling in fits and ...
Fresh tariffs amid high inflation are making the Fed’s job uniquely difficult and feeding uncertainty about what to expect ...
U.S. Inflation gauge rises as Trump's tariff threats loom, potentially pushing prices higher in coming months.
Plus, why Morningstar believes the Federal Reserve will cut interest rates this year more than the markets predict.
Trump said Powell and the Fed "failed to stop the problem they created with inflation" in a post on Truth Social on Wednesday ...
U.S. labor costs rose marginally in the fourth quarter, offering some comfort to Federal Reserve officials after progress lowering inflation stalled at the end of 2024. The employment cost index (ECI) ...
The Bureau of Economic Analysis said Friday that personal consumption expenditures rose 2.6% in December, in line with expectations. Core PCE, omitting food and energy, was 2.8%.
Nonetheless, already there is a clash with President Trump, who believes interest rates are “far too high." On his Truth ...