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 ...
Dallas Federal Reserve Bank President Lorie Logan on Tuesday said recent data showing inflation is cooling is "welcome news" ...
Federal Reserve officials said inflation has fallen further toward their target level in recent months but signaled that they ...
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 ...
The dollar was nursing losses on Wednesday after soft U.S. retail sales data reinforced bets of imminent Federal Reserve rate ...
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 ...
After Federal Reserve officials meet this week, a statement they will issue may suggest that they’ve seen meaningful progress ...