News

Fed's Bostic: Adjustment to Trump policies could take a year or more
The U.S. is likely facing a period of elevated inflation that risks seeping into consumer psychology, with companies likely ...
Inflation creeps higher in May and dims chances of the Fed cutting interest rates soon
The cost of living rose slowly in May for the third month in a row, but the rate of inflation is probably still too high for ...
Solid Jobs Report Keeps Fed Rate Cuts at Bay
The latest labor market data released on Thursday reinforces the central bank’s wait-and-see approach to lowering borrowing ...
Fed's Targeted Inflation Gauge Shows Little Tariff Impact
The Federal Reserve's targeted inflation measure ticked slightly higher in May, but the numbers didn't show a big ...
Core inflation rate rose to 2.7% in May, more than expected, Fed's preferred gauge shows
The PCE price index was projected to rise 0.1% in May, with the annual inflation rate at 2.3%, according to the Dow Jones ...
Fed’s preferred inflation gauge rose to 2.7% in May — hotter than anticipated
The personal consumption expenditures price index rose 0.1% for the month, pushing the annual inflation rate to 2.3%, ...
ING Sees Dollar Respite After Tariffs Boost Inflation
The dollar is headed for a few months of gains after tariffs raise inflation and force the Federal Reserve to delay interest ...