Surging prices in 2021-22, after decades of low inflation, came as a shock to many. So it was in a way understandable that ...
The Federal Reserve’s 2023 survey on household financial well-being found Americans excelling in the job market but ...
A global equities gauge fell slightly on Tuesday while U.S. indexes were a mixed bag and the benchmark Treasury yield was ...
The New York Fed’s survey mirrors recent findings from the University of Michigan’s poll of consumers, which showed year-ahead inflation expectations in early May rose to a six-month high ...
Parents are feeling the worst about their finances in nearly a decade – and experts say stubborn inflation is to blame. In a possible blow to President Joe Biden’s reelection bid, the ...
With an estimated 62% of U.S. adults owning stocks, it becomes increasingly difficult to see how consumer demand can taper ...
It has taken economists a while to come to better grips with something experts in supply chain management have known for ...
The progress on inflation has been frustratingly slow this year.The most recent evidence was found in the Consumer Price Index (CPI), which increased by 3.4% from a year ago in April, from 3.5% in ...
Federal Reserve officials grew more concerned at their most recent meeting about inflation, with members indicating that they ...
U.S. households continued to feel pinched by inflation in late 2023 even as price pressures ebbed, the Federal Reserve reported today, with most Americans saying their financial situation had ...
It looks increasingly unlikely that the Federal Reserve will be cutting interest rates after a batch of stronger-than-expected economic data coupled with fresh commentary from policymakers.
SAN FRANCISCO: US central bankers are preparing for their last policy-setting meeting of the year by diving deep into inflation data for signals on whether they have pushed interest rates high enough.