The central bank needs to see further progress on inflation or weakness in the labor market to resume interest rate cuts.
The Federal Reserve's preferred inflation gauge, known as the personal consumption expenditures index, rose in December in ...
Inflation closed out 2024 on a strong note, as a price gauge the Federal Reserve focuses on came in well above the central ...
Fresh tariffs amid high inflation are making the Fed’s job uniquely difficult and feeding uncertainty about what to expect ...
Two Federal Reserve officials seen as representing contrasting sides of the policy spectrum said on Friday they'll be ...
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 latest reading on the Fed's preferred inflation gauge comes just two days after the central bank paused its interest rate ...
Inflation has been a constant for multiple decades. The Federal Reserve regularly prints new money, and the government ...