Inflation has cooled notably, but a pickup in annual price increases underscores that it is not fully back to normal.
The Federal Reserve might not see much more inflation relief before it decides next month whether to keep cutting interest ...
The latest producer price index numbers were released on Thursday morning, a day after the consumer price index showed ...
Fed policymakers on Wednesday held open the door to a go-slower approach, in the face of data showing the labor market ...
Federal Reserve Chair Jay Powell said the central bank does not need to be 'in a hurry' to lower interest rates, and that the ...
Federal Reserve Chair Jerome Powell said Thursday that interest rates are still expected to decline further, but suggested ...
CPI inflation rose to 2.6% in October, higher than the 2.4% in September, though in line with projections. The latest ...
But prices spiked in the pandemic, and the annual inflation rate reached a 40-year high of 9.1% in mid-2022. The Fed stepped in, raising interest rates dramatically in 2022 and 2023 to cool the ...