Inflation has cooled notably, but a pickup in annual price increases underscores that it is not fully back to normal.
Federal Reserve Chair Jay Powell said the central bank does not need to be 'in a hurry' to lower interest rates, and that the ...
The latest producer price index numbers were released on Thursday morning, a day after the consumer price index showed ...
Fed policymakers on Wednesday held open the door to a go-slower approach, in the face of data showing the labor market ...
Federal Reserve Chair Jerome Powell said Thursday that interest rates are still expected to decline further, but suggested ...
The Federal Reserve might not see much more inflation relief before it decides next month whether to keep cutting interest ...
But prices spiked in the pandemic, and the annual inflation rate reached a 40-year high of 9.1% in mid-2022. The Fed stepped in, raising interest rates dramatically in 2022 and 2023 to cool the ...
Asian shares drifted higher Thursday after US inflation data supported the case for another Federal Reserve rate cut next ...