The Fed paused the federal funds rate at a target range of 5.25% to 5.5% in August last year after raising interest rates 11 ...
Fed officials typically keep a close eye on a measure that strips out food and fuel costs, both of which are volatile, to get ...
There's even a worry the Fed won't start to bring rates down at all this year. The Fed's key rate is the federal funds rate, ...
PCE inflation, which is watched closely by the Federal Reserve, picked up in March while a core measure stayed high.
Since a key inflation report this month showed an unexpected surge in consumer prices, hopes for a flurry of interest rate ...
Inflation is showing little signs of cooling. The core personal consumption expenditures price index, the Federal Reserve 's ...
The primary Federal Reserve inflation gauge came in too hot for near-term rate cuts in March, but not as bad as feared. S&P ...
These are today's mortgage and refinance rates. High inflation has pushed mortgage rates up, and they'll probably stay that ...
After markets considered at one point there may have been six interest rate cuts this year, now there is concern there may ...
The nation’s economy slowed sharply last quarter, but consumers — the main driver of economic growth — kept spending at a ...
Prices for food, rent, gas and other necessities are running roughly 20 percent to 30 percent higher than they were four ...
The U.S. Federal Reserve has a highly unenviable task — to drive inflation back down to its target rate of just 2%.