Fed’s Hammack has affirmed her support for a wait-and-see approach to a Fed rate cut, further quenching hopes of a July cut.

Most Fed Officials Expect 2025 Rate Cuts Despite Tariff Inflation Concerns, Minutes Show By Derek Saul, Former Staff. Derek Saul has covered markets for the Forbes news team since 2021.

The Employment Cost Index (ECI), another major indicator followed closely by the Fed, is expected to show a quarterly rise of ...

Cuts to the Bureau of Labor Statistics could be clouding jobs and inflation data, complicating the Fed's data-driven rate policymaking.

In “waiting game” since January, the FOMC decided to leave rates in the 4.25% to 4.5% range AI Summary The Federal Reserve held benchmark rates steady in the range of 4.25% to 4.5% following ...

Overall, grocery prices rose 0.3% last month and are up 2.4% from a year earlier. While that is a much smaller annual ...

The White House keeps insisting that inflation is a thing of the past. The latest Consumer Price Index numbers help prove otherwise.