The Federal Reserve’s preferred inflation gauge moved even higher in December, driven largely by rising energy prices as well ...
The central bank needs to see further progress on inflation or weakness in the labor market to resume interest rate cuts.
The Federal Reserve's preferred inflation gauge, known as the personal consumption expenditures index, rose in December in ...
The personal consumption expenditures price index for December was expected to show a 2.6% increase on an annual basis ...
Fresh tariffs amid high inflation are making the Fed’s job uniquely difficult and feeding uncertainty about what to expect ...
The Commerce Department reported Thursday that gross domestic product — the economy's output of goods and services — expanded ...
Thursday's coverage included more tech earnings, focus on Trump's latest on potential tariffs and more analysis around Monday ...
While it was created with good intentions 13 years ago, the Federal Open Market Committee’s dot plot does not serve its ...
Nonetheless, already there is a clash with President Trump, who believes interest rates are “far too high." On his Truth ...
It takes time for the Fed’s decisions to filter through the economy — and then even more time for consumers to see the ...
Gross domestic product, which measures economic activity, grew by 2.3 per cent in the months from October to December, the ...