Forecasters had expected lingering inflation in October. How will the new numbers affect the next Federal Reserve decision on interest rates?

The Fed is set to lower interest rates a quarter point Thursday. But it's more likely to slow, rather than speed up, 2025 ...

Wholesale prices in the United States rose last month, remaining low but suggesting that the American economy has yet to ...

The central bank said future cuts would be gradual amid higher inflation forecasts after the new government introduced ...

Importantly, this would leave the annual rate of core PCE inflation averaging 2.8% in the fourth quarter ... feed into the PCE price calculation saw notable increases. The Capital Economics team doesn ...

President-elect Donald Trump won his second term in office Tuesday after promising to fight the inflation that has hammered ...

Consumers saw price relief at the gas pump and grocery store. But housing inflation and other categories, such as car ...

Wholesale prices in the US rose last month, remaining low but suggesting that the American economy has yet to completely ...

The Federal Reserve announced its second interest rate cut of 2024, but Trump's economic priorities could impact future ...

A report by the Peterson Institute for International Economics concluded that Trump’s main tariff proposals would make ...

Johnson, the Nobel prize winner at MIT, thinks Trump’s plan for tax cuts will also create inflationary pressure. Tax cuts ...