The Fed pared its forecast to 1 rate cut in 2024 despite Wednesday's CPI report which showed a further inflation slowdown.
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 ...
Still, while the yearly rise in consumer prices has moderated from a high of 9.1% in mid-2022, inflation is still running ...
Today's inflation report showed inflation was unchanged in May, a welcome development for households and possibly the Federal ...
Prices rose 3.3 percent in the year through May, a deceleration in inflation that gives some relief to consumers. Federal ...
WASHINGTON (AP) — After Federal Reserve officials meet this week, a statement they will issue may suggest that they’ve seen ...
The Federal Reserve is expected to maintain high interest rates over slow progress with inflation. The Federal Reserve's next ...
The dollar gained some ground after weak U.S. retail sales data bolstered predictions of Federal Reserve rate cuts. Meanwhile ...
12 June: Market Remains Hopeful For Rate Cut Later This Year The US Federal Reserve has held interest rates in a target range between 5.25% and 5.5%, a 23-year high, as the world’s largest economy ...
The government has released new inflation data showing a slight cooling of the annual rate, as wages are keeping up with ...
Minneapolis Federal Reserve President Neel Kashkari said Tuesday that central bank policymakers should wait for significant progress on inflation before they start to cut interest rates.
After Federal Reserve officials meet this week, a statement they will issue may suggest that they’ve seen meaningful progress ...