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 ...
Fed’s Bowman Wants More Inflation Progress Before Cutting Rates
Federal Reserve Governor Michelle Bowman said she wants to see additional progress on inflation before the central bank ...
Inflation finishes 2024 well above Fed’s 2% target, PCE shows. Rate cuts on hold.
The price gauge used by the Federal Reserve to help set U.S. interest rates accelerated in December, pushing the bank further ...
High Inflation Sows Debate About New Fed Playbook for Tariffs
Fresh tariffs amid high inflation are making the Fed’s job uniquely difficult and feeding uncertainty about what to expect ...
Inflation ticked higher last month, in latest sign of persistent price pressures
An inflation gauge closely watched by the Federal Reserve rose slightly last month, the latest sign that some consumer prices ...
U.S. Fed Keeps Rates On Hold As Inflation Stays Sticky
Fed kept its key interest rate on hold in a range between 4.25-4.5%, following three consecutive cuts. TD Asset Management's ...
Bowman: Inflation risks to the upside, further rate cuts should be gradual, cautious
Federal Reserve governor Michelle Bowman said she still expects declining inflation to allow further interest rate cuts this ...
Federal Reserve holds interest rates steady as inflation remains above 2%
The Federal Reserve opted to leave its benchmark interest rate unchanged in its first policy meeting since President Trump's ...
Fed's wait-and-see approach likely won't be shaken by new GDP and inflation numbers
A new GDP report Thursday and the expectation of a sticky inflation reading Friday should reinforce the Federal Reserve’s new ...
Fed pauses interest rate cuts as inflation, Trump's plans create uncertainty
The Federal Reserve is widely expected to make no change to its benchmark federal funds rate at its January meeting, a ...
Fed’s Bowman sees ‘upside risks’ to inflation, backs cautious and gradual policy approach
Progress on inflation was “noticeably” slower last year than in 2023, and upside risks to higher price pressures remain, and therefore the U.S. central bank should adopt a cautious and gradual ...
US inflation rise in December; consumer spending accelerates
U.S. prices increased in December while consumer spending surged, suggesting that the Federal Reserve could delay cutting ...