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 ...
The Fed’s challenge this week is how to pause and communicate a data-dependent approach to future cuts without drawing the ...
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 better-than-expected data sent the blue-chip Dow Jones Industrial Average surging more than 700 points, or 1.7%, as ...
President Trump said if oil prices come down he'll demand lower interest rates immediately, adds he knows rates 'much better' ...
The US Federal Reserve is expected to announce a pause in rate cuts on Wednesday, as policymakers look to continue tackling ...
The US economy remained at a comfortable cruising speed in the final stretch of 2024, powered by healthy consumer spending ...
Fresh inflation data released Wednesday is likely to keep the Federal Reserve on pause during its next policy meeting this ...
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 ...