Key Takeaways Fed officials refrained from cutting interest rates at their most recent meeting out of concern that inflation is still running over the Fed's 2% target.The stubbornness of inflation, ...
US consumer inflation matched expectations in December, reinforcing market expectations that the Federal Reserve might keep interest rates on hold when it meets later this month. The Consumer Price ...
The low variation of the growth of the PCE and CPI indexes during the periods when the Fed has actively managed inflation is ...
We're finally about to learn how much consumer prices rose back in November, according to the Federal Reserve's favorite ...
November CPI data shows a sharp deceleration in both headline and core inflation, with core CPI falling to 2.6% YoY, its lowest since March 2021. Disinflation was broad-based, led by food and shelter, ...
Treasury Secretary Scott Bessent’s novel solution for reducing consumer inflation has drawn bemusement from many online. "You know the best way to bring your inflation rate down? Move from a blue ...
Jay Powell will be remembered for many things, not least for being the Federal Reserve chair who presided over the return of inflation. But his legacy may be defined by something else: becoming a ...