The Fed’s preferred inflation gauge, the core PCE price index, rose 2.8% year-over-year in November. This was consistent with ...
A delayed reading on the Federal Reserve’s preferred inflation gauge released Thursday keeps the central bank on course to ...
The reading likely will reinforce policymakers’ cautious stance on rate cuts.
Food inflation has been relatively moderate though in recent years compared with the steep rise in grocery costs in 2022. The ...
Probe brings scrutiny to independence of Fed and its capacity to manage prices.
Looming trade war with Europe, the U.K., may spike inflation, causing the Federal Reserve to reset interest rates.
Despite the US president’s optimism, the country’s inflation rate remains above the Federal Reserve’s preferred 2% target.
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