The Federal Reserve needs more time before cutting interest rates, as hotter-than-expected inflation zaps any need for ...
The FOMC said that 'in recent months, there has been a lack of further progress' on lowering inflation to the Fed's 2% goal.
"The hot inflation readings through March should write off any rate cuts in the first half of 2024," said Nationwide Senior ...
A measure of inflation closely tracked by the Federal Reserve remained uncomfortably high in March, likely reinforcing the ...
Federal Reserve (Fed) officials are poised to keep interest rates steady for a sixth consecutive meeting and signal no plans ...
Prices for food, rent, gas and other necessities are running roughly 20 percent to 30 percent higher than they were four ...
"It’s one thing to have moderate inflation with above-average growth," said Bret Kenwell, U.S. investment analyst at eToro.
Friday’s report from the U.S. government showed that prices rose 0.3 per cent from February to March, the same as in the ...
A measure of inflation closely tracked by the Federal Reserve remained uncomfortably high in March, likely reinforcing the Fed’s reluctance to cut interest rates anytime soon and underscoring a burden ...
A key US inflation gauge increased last month at its fastest pace since April 2023, showing that underlying price pressures ...
Inflation may have tumbled from multi-decade highs on both sides of the Atlantic, but progress has stalled in the United ...
The Bureau of Labor Statistics reported Tuesday that overall U.S. job vacancies decreased from 8.81 million in February to 8.49 million in March ... Is Hawkish Shift On Inflation Imminent? Wall Street ...