A U.S. Federal Reserve governor says she wants to see more data on inflation before advocating additional interest rate cuts.
Federal Reserve Governor Michelle Bowman said on Monday she wanted increased conviction that inflation will decline further ...
The Fed official called for more progress on inflation before the central bank engages in further interest rate cuts.
The price increase in this consumer staple is complicating the central bank’s ability to achieve a soft landing.
Federal Reserve's quantitative tightening impacts inflation, interest rates, and economic growth. Read more on the ...
Economists were already scaling back predictions of multiple Federal Reserve interest rate cuts this year after data ...
Trump's plan to pursue reciprocal tariffs on all countries would drive up inflation if fully carried through, economists say.
“This week’s higher-than-expected inflation rate suggests that Fed rate cuts will be delayed, potentially until the summer,” ...
Donald Trump promised as a candidate that he could easily conquer inflation, but the reality is proving tougher than he ...
On a monthly basis, the CPI rose 0.5%, versus economists' forecast for a 0.3% increase, according to FactSet. That's the ...
U.S. wholesale prices came in hotter than expected last month at a time when progress against inflation appears to have ...
Consumer prices rose 3%, extending a recent pattern of increases at the start of the year that likely derails the prospect ...