Federal Reserve Chair Jerome Powell said he expects U.S. inflation to continue declining through 2024 as it did last year, ...
Federal Reserve Chair Jerome Powell said Tuesday that he sees inflation retreating in the coming months and pushed back on ...
Continuing high prices for car insurance, rent, and healthcare have roots in the pandemic, and mean hopes for a 2024 rate cut ...
Federal Reserve Chair Jerome Powell said Tuesday that “it may take longer than expected” for high interest rates to lower ...
The Fed knows this, and it’s aware that shelter costs in general are a lagging indicator of inflation pressures. In ...
Hopes for interest rate cuts this year by the Federal Reserve are steadily fading, with a stream of recent remarks by Fed ...
As Federal Reserve officials stare down the last mile in their campaign against inflation, one key question is becoming ...
Inflation eased in April as declines in grocery and used car prices offset another rise in rent and gasoline.
Stocks fell and bonds retreated, tracking a drop in US Treasuries overnight after weak debt auctions and hawkish remarks from ...
The Fed's goal of keeping rates high until inflation falls to 2% has significant implications for consumers, investors and ...
Inflation slowed last month, offering a note of relief to cash-strapped shoppers after three months of bigger-than-expected ...
"I expect that inflation will move back down ... on a monthly basis to levels that were more like the lower readings that we ...