The Consumer Price Index rose 2.9 percent from a year earlier, but a measure of underlying inflation was more encouraging.
Inflation has been around since the days of Alexander the Great and it's not showing any signs of going away. In combating ...
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 US job market has normalized, with steady wage growth. Learn why economic stability in early 2025 might face challenges ...
The better-than-expected data sent the blue-chip Dow Jones Industrial Average surging more than 700 points, or 1.7%, as ...
After two years of progress on inflation and surprisingly persistent economic growth, the Federal Reserve next week meets ...
The U.S. Federal Reserve will hold interest rates steady on Jan. 29 and resume cutting in March, according to a slim majority ...
Meanwhile, an uptick in unemployment can have a silver lining: As inflation slows and jobless numbers increase, the Fed moves to lower interest rates, just as they did following their November ...
Fresh inflation data released Wednesday is likely to keep the Federal Reserve on pause during its next policy meeting this ...
The Bank of Japan raised its key interest rate to about 0.5% from 0.25% Friday, noting that inflation is holding at a desirable target level.