To begin with, trailing 12-month (TTM) inflation has been tracking above the FOMC's long-term target of 2% for the last 65 months. Although headline inflation has eased from its three-year high of 4.2 ...

Volatile job numbers, stubborn inflation and changes to the Fed’s communications style are all stirring up uncertainty in markets and raising the stakes for upcoming economic data releases — including ...

CPI rose 3.4% over the past 12 months, with the core measure, which excludes food and energy, up 2.5%. This is not the measure that the Fed targets, but it's close enough that we have a good idea of ...

July's consumer price index report favored investors and the Federal Reserve. Headline CPI rose 0.1% last month from June , and at an annual rate of 3.4%, matching Dow Jones consensus estimates from ...

Will the Federal Reserve cut interest rates at its July meeting this week? As economic jitters shake up kitchen tables and investment portfolios across America, Kevin Warsh gets a chance to act on his ...

Dallas Fed's trimmed mean inflation measure may currently understate true price pressures Core PCE inflation rose 3.3% year-over-year, fastest since 2023, per Commerce Department Warsh has said he ...

The Federal Reserve was established by Congress in 1913 with the goal that its voting members' decisions wouldn't be influenced by politics. Key provisions include 14-year terms for members of the ...

Richmond Fed President Tom Barkin offered contrasting views on the inflation outlook Thursday, saying its unclear whether the central bank should hike interest rates to guide inflation back to its 2% ...