Federal Reserve decides not to change interest rates despite pressure from Trump
The Federal Reserve expressed concern that inflation has not eased enough for it to continue lowering interest rates.
Chicago Fed CEO says tariff uncertainty could slow rate lowering
"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 ...
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The Week Ahead: January Inflation Data on Tap
Next week brings more inflation data, with both the consumer price index (CPI) and producer price index (PPI) readings for ...
CPI edged higher in December, complicating the Fed's upcoming decision on rate cuts
Inflation is proving stickier than expected, which could cause Fed to hit pause button on more interest rate cuts.
Boston Fed Maps Out Inflation Response to Trump Trade Tariffs
The 25% tariffs Trump was to impose on Mexico and Canada, joined with a 10% tariff on China, would have pushed up underlying ...
VIEW US Dec PCE inflation uptick supports Fed hold
U.S. prices increased in December while consumer spending surged, suggesting that the Federal Reserve could delay cutting ...
U.S. inflation, consumer spending ticks up to end 2024
Overall prices were up but core inflation held steady as consumers spent more, saved less and pushed more debt to credit cards.
US inflation rises in December, consumer spending accelerates
US prices increased in December while consumer spending surged, suggesting that the Federal Reserve could delay cutting ...
Inflation gauge favored by Fed showed price growth picked up in December
The Federal Reserve's preferred inflation gauge, known as the personal consumption expenditures index, rose in December in ...
The Fed’s go-to inflation gauge heated up again
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 ...