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 said inflation has fallen further toward their target level in recent months but signaled that they ...
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 ...
All eyes are on the Federal Reserve today as it wraps up its fourth Federal Open Market Committee meeting of 2024.
Consumers barely increased spending in May from April as still high prices on groceries and other necessities and high interest rates curbed spending.
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 ...