The Consumer Price Index report for January is expected to show broadly unchanged annual inflation compared to December, according to nowcasts. The CPI release is scheduled for February 12.
Inflation has been a constant for multiple decades. The Federal Reserve regularly prints new money, and the government regularly spends it, resulting in a continuous inflationary cycle. Inflation ...
WASHINGTON – The Federal Reserve paused its interest rate cutting campaign Wednesday and gave no signal it plans to lower rates again in the near term amid uncertainty spawned by inflation and P ...
Kentucky Gov. Andy Beshear (D) said President Trump is addressing everything “but inflation and prices” in his first week in office. Beshear joined CNN on Tuesday, where he weighed in on Trump ...
Most of the policies proposed by President Trump, from tariffs to additional fiscal stimulus to deportations that tighten the labor market, are expected to add to inflation. And to the degree they ...
The Federal Reserve's preferred inflation gauge showed prices rose as expected in December, and it remains above the central bank's target level amid its ongoing efforts to wrestle down inflation.
The Federal Reserve’s preferred inflation gauge moved even higher in December, driven largely by rising energy prices as well as food. However, a closely watched measurement of underlying ...
Two investment banks, Goldman Sachs and Morgan Stanley, have come out with tentative estimates about the impact of the wildfires on jobs, economic growth and inflation. Greg Robb is a senior ...
Annual price rises eased for rentals, insurance and healthcare, contributing to slowing inflation at the end of 2024. For the first time in nearly four years, inflation on essential goods and ...
US inflation increased by the most in eight months in December amid a surge in consumer spending, suggesting the Federal Reserve would probably be in no hurry to resume cutting interest rates soon.
The Fed's decision to keep rates steady reflects stubborn U.S. inflation, which remains close to 3% on an annual basis. That has fueled concerns that additional rate cuts could reignite price ...
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