Chair Jerome Powell says the Federal Reserve will likely cut its key interest rate slowly and deliberately in the coming ...
October's Consumer Price Index (CPI), which measures changes in the cost of consumer goods and services, showed that annual ...
October inflation readings out this week have shown little progress toward the Fed's 2% inflation target, putting into ...
The report appears to keep the Federal Reserve on track for a December rate cut. Minneapolis Fed president Neel Kashkari told ...
The Dow and the S&P 500 ended slightly higher on Wednesday while the Nasdaq lost ground after October data showed consumer ...
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The Labor Department on Wednesday reported that consumer prices in October rose 2.6% from a year earlier. That marks a pickup ...
The central bank’s inflation fighters have been satisfied enough with the improvement to cut their benchmark interest rate ...
Ongoing economic growth, a solid job market, and inflation that remains above the 2% target means the U.S. central bank does ...
Federal Reserve Chair Jerome Powell said Thursday that interest rates are still expected to decline further, but suggested they might not be that much lower over the next few months.
CPI inflation rose to 2.6% in October, higher than the 2.4% in September, though in line with projections. There is an ...