The central bank needs to see further progress on inflation or weakness in the labor market to resume interest rate cuts.
Chicago Federal Reserve President Austan Goolsbee said inflation data released on Friday was a bit better than expected and ...
A spike in energy prices helped to lift the headline PCE price index in December. The combined cost of gasoline, electricity, ...
An inflation gauge closely watched by the Federal Reserve rose slightly last month, the latest sign that some consumer prices ...
Friday's inflation report likely won't provide much comfort to borrowers with maturing commercial-real-estate loans. The ...
By Howard Schneider WASHINGTON (Reuters) -Federal Reserve Governor Michelle Bowman said on Friday she still expects declining ...
The latest reading on the Fed's preferred inflation gauge comes just two days after the central bank paused its interest rate cutting cycle.
U.S. prices increased in December while consumer spending surged, suggesting that the Federal Reserve could delay cutting ...
December’s PCE report on Friday suggests that inflation finished 2024 above the Federal Reserve's 2% target, but it didn't spiral out of control, which is "the ideal outcome" from a stock investor’s ...