The Federal Reserve expressed concern that inflation has not eased enough for it to continue lowering interest rates.
Inflation is proving stickier than expected, which could cause Fed to hit pause button on more interest rate cuts.
The Federal Reserve left interest rates unchanged Wednesday, amid a cloudy economic outlook and concerns that some of ...
The Consumer Price Index rose 2.9 percent from a year earlier, but a measure of underlying inflation was more encouraging.
Knowing when to switch bank accounts can be stressful, especially as inflation rises. Find out how to know it's time to ...
The better-than-expected data sent the blue-chip Dow Jones Industrial Average surging more than 700 points, or 1.7%, as ...
Gas prices rose sharply, but investors homed in on a small decline in the core CPI.
The Federal Reserve will hold its first policy meeting of the year on Jan. 28 and 29, where it is widely expected to keep ...
Entering 2025, models from forecasting companies like Trading Economics anticipate inflation rates between 2.4% and 2.9% ...
The Federal Reserve is expected to maintain interest rates at 425-450 basis points on January 29, supporting a continued ...
Consumers and traders are waiting to learn if the Fed’s pause is a one-meeting hold or the start of a longer stretch.