Inflation has cooled notably, but a pickup in annual price increases underscores that it is not fully back to normal.
The Dow and the S&P 500 ended slightly higher on Wednesday while the Nasdaq lost ground after October data showed consumer ...
The latest producer price index numbers were released on Thursday morning, a day after the consumer price index showed ...
The consumer price index rose 0.2% in October for the fourth straight month, and advanced 2.6% on an annual basis.
Fed policymakers on Wednesday held open the door to a go-slower approach, in the face of data showing the labor market ...
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New inflation data out Wednesday showed consumer prices rose as forecast in October, keeping the Federal Reserve on track to ...
Don't look for the Federal Reserve to start making big promises on further monetary-policy easing after the October reading ...
Federal Reserve Bank of St. Louis President Alberto Musalem said the central bank is within sight of its inflation and ...
After a September half-point cut, the reduction would bring the benchmark federal funds rate down three-quarters of a point ...
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 ...