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 expressed concern that inflation has not eased enough for it to continue lowering interest rates.

U.S. prices increased in December while consumer spending surged, suggesting that the Federal Reserve could delay cutting ...

"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 ...

It is measured as the change in the consumer price index (CPI) compared with the same month a year earlier. Based on the results available so far, the Federal Statistical Office (Destatis) also ...

The 25% tariffs Trump was to impose on Mexico and Canada, joined with a 10% tariff on China, would have pushed up underlying ...

U.S. inflation increased by the most in eight months in December amid robust consumer spending on goods and services, ...

which bases its calculations on the Consumer Price Index, a widely used indicator for inflation. Members of the Federal Reserve Board of Governors are appointed by the U.S. president and confirmed ...

Businesses are heading into 2025 with lean inventories and high demand from consumers. The post Truckers don’t need to worry ...

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“The Fed’s prognosis is for a slower pace of monetary easing moving forward, as the economy is doing well and prices are only slowly returning to target in an environment of great uncertainty,” said ...

The president last week inserted himself into the debate over interest rates ahead of the central bank’s meeting this week.