Federal Reserve Makes Announcement
Consumer inflation increased 2.9% in 2024, which is above the Federal Reserve's goal of 2%, but wages overall more than kept ...
This contradicts months of claims from Jerome Powell who has insisted that price inflation was rapidly returning to the Fed's ...
The consumer price index (CPI) accelerated to 2.9 percent last month from a year ago, up from 2.7 percent in November, the ...
US consumer inflation ... in December was the energy index, which jumped by 2.6 percent, accounting for "over" 40 percent of the monthly increase, according to the Labor Department. In some good ...
U.S. inflation likely worsened last month on the back of higher prices for gas, eggs, and used cars, a trend that could make it less likely that the Federal Reserve will cut its key interest rate much ...
Recently, progress on inflation appeared to be stuck or, at worst, reversing: A closely watched gauge of underlying price ...
The US Dollar weakens as Durable Goods Orders disappoint. Bond yields fall, impacting GBP/USD and EUR/USD. What’s next for ...
Economic strength in the US relative to other major economies is likely to drive contrasting paths for interest rates ...