Former St. Louis Fed President Jim Bullard, now Dean of the Mitch Daniels School of Business at Purdue University, believes the Federal Reserve is likely to resume tightening later this year despite a ...
The Federal Reserve's preferred inflation tracker just flashed another warning sign for the U.S. economy, and it could spell more financial pain ahead. Data released by the U.S. Bureau of Economic ...
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The consumer price index jumped 4.2% in May versus a year earlier, its highest level in more than three years, according to the U.S. Bureau of Labor Statistics. Gasoline and other energy prices surged ...
The surge in oil prices is causing a wave of "supply-side" inflation that the Federal Reserve may be unable to counter with its main inflation-fighting tool. The Fed usually raises its fed funds rate ...
The latest CPI inflation data showed prices surged in March, largely powered by a double-digit rise in energy costs. While price growth outside energy was subdued, economists expect rising fuel costs ...
A key number the Federal Reserve typically considers when making monetary policy decisions is the Personal Consumption Expenditures (PCE) inflation rate, which covers a broader range of expenditures ...
Efforts by Fed chair nominee Kevin Warsh to satisfy President Donald Trump's demands for lower rates look likely to be stymied by high oil prices and inflation, according to the latest CNBC Fed Survey ...
The Consumer Price Index for Urban Wage Earners and Clerical Workers (CPI-W) is one of the primary metrics used to track inflation. It measures the average change in prices of everyday goods and ...
Consumer and wholesale prices are rising at the fastest rate in three years due to the Iran war Higher prices have forced Americans to be more choosy about what they buy. The surge in gasoline prices ...
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