The Fed’s favored core PCE price index, which excludes the volatile components of food and energy, jumped by 3.0% annualized in April from March (according to the Bureau of Economic Analysis today).
Fed Chairman Jerome Powell arriving for a news conference on June 12. Al Drago—Bloomberg/Getty Images Just as optimism is growing among investors that a rally in US Treasuries is about to take off, ...
The economy continues to roll, jobs are plenty and consumers are getting a bit more upbeat. That's bad news for interest-rate-cut bets. The U.S. economy continues to defy both calls for a ...
After Federal Reserve officials meet this week, a statement they will issue may suggest that they’ve seen meaningful progress on inflation this year — a prelude to eventual interest rate cuts ...
May 28 (Reuters) - Minneapolis Federal Reserve Bank President Neel Kashkari said in an interview with CNBC broadcast on Tuesday that the U.S. central bank should wait for significant progress on ...
WASHINGTON (AP) — After Federal Reserve officials meet this week, a statement they will issue may suggest that they’ve seen meaningful progress on inflation this year — a prelude to eventual ...