News

The Federal Reserve’s preferred inflation gauge ticked up slightly in June as tariffs on imports started raising the cost of ...
The core index that omits energy and food costs also rose by 0.3% in June, but the annual rate ticked up to 2.8% from 2.7% ...
Despite President Trump ramping up pressure on Federal Reserve Chair Jerome Powell to cut interest rates, the Fed held rates ...
The central debate over monetary policy right now is whether America's economic waters are fundamentally calm or hazards just ...
Surprisingly weak July hiring data released on Friday highlighted a fractious Federal Reserve debate over whether the central ...
The Federal Reserve aims to keep inflation at a 2% annual rate over the longer run. Its preferred measure is the PCE, or personal-consumption expenditures, price index. As of May, inflation was ...
The chair acknowledged that if the Fed cut its rate too soon, inflation could move higher, and if it cut too late, then the ...
The central bank’s Federal Open Market Committee (FOMC) has held interest rates steady at 4.25% to 4.5% since December 2024, ...