Fed officials had been hoping this fall for a clean downtrend in inflation, allowing them to focus more fully on preventing ...
U.S. consumer spending increased slightly more than expected in October, suggesting the economy retained much of its solid ...
The Federal Reserve’s preferred inflation measure remained above the central bank’s 2% target pace in the year through ...
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Inflation has been stubborn in recent months. Now, President-elect Donald J. Trump’s tariffs loom as a potential risk.
The core version of the Fed’s preferred 12-month inflation gauge ticked back up to 2.8% as expected last month.
Market participants hoping for a more dovish stance on monetary policy had a mixed reaction to the latest inflation data. The ...
Consumer price increases accelerated last month, the latest sign that inflation’s steady decline over the past two years has ...
The Federal Reserve’s favored inflation gauge just moved in the wrong direction. It comes as President-elect Donald Trump ...
Donald Trump campaigned on a promise of taming inflation but the tariffs he announced Monday will likely stoke it even before ...