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 ...
Federal Reserve officials on Wednesday will likely make official what’s been clear for many weeks: With inflation sticking at ...
Prices rose 3.3 percent in the year through May, a deceleration in inflation that gives some relief to consumers. Federal ...
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 ...