Inflation is proving stickier than expected, which could cause Fed to hit pause button on more interest rate cuts.
Disinflation in key areas of consumer prices should help the Federal Reserve stick to its policy path of gradual cuts to ...
Federal Reserve Bank of Richmond President Tom Barkin said fresh inflation data show the central bank continues to see ...
A key inflation metric eased for the first time since July as investors debate the Federal Reserve's next interest rate ...
Monthly core CPI rose 0.4%, which was in line with estimates and was unchanged from the readings seen in April and March. Federal Reserve Chair Jerome Powell and the FOMC are open to what is being ...
Analysis of CPI inflation data shows mixed results for December 2024, impacting Fed rate decisions and stock market ...
"Cuts are not coming later this month, but that doesn't mean they aren't coming later this year." New York Fed president ...
The Consumer Price Index rose 2.9 percent from a year earlier, but a measure of underlying inflation was more encouraging.
With CPI inflation running at 2.9% Y/Y in December, the Federal Open Market Committee shouldn’t be considering another rate cut for a while, according to a former member of the FOMC. In terms of the ...