As inflation slowed sharply last summer, the Federal Reserve sketched out a plan to slash high U.S. interest rates in ...
President-elect Donald Trump may have campaigned hard against high inflation, but by the time of his Nov. 5 election victory ...
Only in the crazy, confused world of Washington politics could the Democrats be pointing their fingers of blame at anyone but ...
Chair Jerome Powell says the Federal Reserve will likely cut its key interest rate slowly and deliberately in the coming ...
Two Federal Reserve governors on Wednesday laid out competing visions of where U.S. monetary policy may be heading, with one ...
Inflation has cooled notably, but a pickup in annual price increases underscores that it is not fully back to normal.
The Atlanta Fed’s survey of business inflation expectations figure held steady at 2.2% in November, same as the prior month. For comparison, the consumer price index is up 2.6% over the last year.
But prices spiked in the pandemic, and the annual inflation rate reached a 40-year high of 9.1% in mid-2022. The Fed stepped in, raising interest rates dramatically in 2022 and 2023 to cool the ...
JPMorgan's trading desk gave a scenario outlook on how the market would respond to various monthly core CPI readings. The ...