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The core index that omits energy and food costs also rose by 0.3% in June, but the annual rate ticked up to 2.8% from 2.7% ...
Surprisingly weak July hiring data released on Friday highlighted a fractious Federal Reserve debate over whether the central ...
New data supports Federal Reserve chair Jerome Powell's view of underlying stability and ongoing inflation risk.
Last year, after the unemployment rate climbed quickly in a short period of time and there were similar calls that the central bank was too late to lower rates, the Fed stepped in with a bold, ...
The Federal Reserve said on Friday that Governor Adriana Kugler is resigning early from her term and will exit the central ...
The Federal Reserve aims to keep inflation at a 2% annual rate over the longer run. Its preferred measure is the PCE, or personal-consumption expenditures, price index. As of May, inflation was ...
The central bank’s Federal Open Market Committee (FOMC) has held interest rates steady at 4.25% to 4.5% since December 2024, ...
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Eric Cantor, Moelis and Company vice chairman and managing director and former House Majority Leader, joins 'Squawk Box' to ...
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