Inflation had been moderating steadily, but it is now hovering around 3 percent. Will lowering it fully to normal levels…
Fed
The Federal Reserve’s preferred inflation measure continued to cool on an annual basis, even as a key monthly gauge nudged…
Overall prices cooled slightly from a year ago, but the report included worrying signs for the Federal Reserve.
The Federal Reserve is poised to cut rates in 2024 while moving away from balance sheet shrinking. Yet a key…
Central bankers wanted to signal that interest rates were likely at or near their peak while keeping their options open,…
A key inflation index has been cooling as prices rise less rapidly, good news for policymakers and consumers.
It’s too soon to declare victory, but the economic outlook seems sunnier than it did a year ago, and many…
Federal Reserve officials are widely expected to leave interest rates unchanged, but economists will watch for hints at what’s next.
Stocks and bonds were buoyed after even inflation-focused Federal Reserve officials suggested that rates may stay steady.
Minutes from the Federal Reserve’s early November meeting suggested another rate increase remained possible, but officials were in no hurry.