The Fed’s preferred inflation gauge cooled in June. It might not last

The temporary truce in the war with Iran sent gas prices – and thus inflation – lower in June, providing some fuel for a ...

Fed's favored inflation gauge showed prices pulled back in June

The Fed's favored inflation gauge eased but remained elevated in June, with PCE inflation remaining well above the Fed's 2% ...

Spooked investors demand clarity on Fed’s anti-inflation strategy

Fed chair Kevin Warsh has been outspoken about the need to bring inflation down. But his stinginess with details this week ...

Warsh’s Wall Street cred takes a hit as investors doubt the Fed chair’s inflation-fighting resolve

Kevin Warsh insists the Federal Reserve will do whatever it takes to reduce U.S. inflation to its 2% target, but investors ...

US economy grows at a sluggish 1.5% in second-quarter with inflation remaining stubbornly high

The U.S. economy expanded at a sluggish 1.5% pace from April through June as rising imports weighed on growth. But consumer ...

Economic growth slows: But consumer spending solid, even as inflation elevated

The U.S. economy expanded at a sluggish 1.5% pace from April through June as rising imports weighed on growth, yet consumers ...