The price increase in this consumer staple is complicating the central bank’s ability to achieve a soft landing.
Dallas Federal Reserve Bank President Lorie Logan on Friday reiterated her view that even if inflation nears the Fed's 2% ...
Economists were already scaling back predictions of multiple Federal Reserve interest rate cuts this year after data ...
Powell urges patience on interest rates, Chevron’s job cuts target production efficiencies amid uncertainty, and more news to ...
Inflation picked up for a fourth straight month in January amid another rise in in food and energy costs, possibly setting ...
This week’s forthcoming Consumer Price Index report could show easing year-on-year inflation, increasing the potential for ...
January inflation ran hot, and the odds of Fed interest rate cuts fell as Consumer Price Index total CPI inflation ...
Higher inflation readings left Fed officials telling lawmakers, business executives and the public that they may be waiting ...
Consumer prices rose 3%, extending a recent pattern of increases at the start of the year that likely derails the prospect ...
Both headline and core readings of the consumer price index rose more than expected for the monthly and annual comparisons. Click to read.
The Federal Reserve kept its key interest rate unchanged as officials grappled with uncertainty caused by inflation and ...
The change was slightly above analysts' expectations and is likely to bolster reluctance at the Fed to cut interest rates any further.