The Fed pared its forecast to 1 rate cut in 2024 despite Wednesday's CPI report which showed a further inflation slowdown.
Still, while the yearly rise in consumer prices has moderated from a high of 9.1% in mid-2022, inflation is still running ...
The Federal Reserve kept its benchmark rate in a range of 5.25% to 5.5%, the same level where it's been parked since July ...
Prices rose 3.3 percent in the year through May, a deceleration in inflation that gives some relief to consumers. Federal ...
Today's inflation report showed inflation was unchanged in May, a welcome development for households and possibly the Federal ...
With inflation sticking at a level above their 2% target, Federal Reserve officials are downgrading their outlook for ...
The Federal Reserve is expected to maintain high interest rates over slow progress with inflation. The Federal Reserve's next ...
WASHINGTON (AP) — After Federal Reserve officials meet this week, a statement they will issue may suggest that they’ve seen ...
Consumers barely increased spending in May from April as still high prices on groceries and other necessities and high interest rates curbed spending.
Wall Street stocks jumped early Wednesday after US data showed lower inflation in May ahead of a Federal Reserve interest rate decision later in the day.
After Federal Reserve officials meet this week, a statement they will issue may suggest that they’ve seen meaningful progress ...
WASHINGTON — After Federal Reserve officials meet this week, a statement they will issue may suggest that they’ve seen meaningful progress on inflation this year — a prelude to eventual ...