The Federal Reserve expressed concern that inflation has not eased enough for it to continue lowering interest rates.
"I still think my ultimate where-we're-going-to-land is a fair bit below where we are today," Austan Goolsbee said at auto ...
Inflation is proving stickier than expected, which could cause Fed to hit pause button on more interest rate cuts.
U.S. prices increased in December while consumer spending surged, suggesting that the Federal Reserve could delay cutting ...
Overall prices were up but core inflation held steady as consumers spent more, saved less and pushed more debt to credit cards.
U.S. inflation increased by the most in eight months in December amid robust consumer spending on goods and services, ...
The Federal Reserve’s preferred inflation gauge moved even higher in December, driven in part by rising food and energy prices. However, a closely watched measurement of underlying inflation trends ...
The Federal Reserve kicked off its second Trump era right where it left off: Doing exactly what it wanted to do, ignoring President Donald Trump’s demands that it lower rates.
The Federal Reserve left interest rates unchanged Wednesday as it began a new wait-and-see policy stance amid a cloudy ...
the latest sign that the Federal Reserve’s fight against inflation may have stalled. The Consumer Price Index rose 0.4 percent from November, and was up 2.9 percent from a year earlier ...