Inflation ticked up in February for the second month in a row, according to new federal data released Friday. The personal ...
The Federal Reserve Chairman seems unworried by accelerating prices in January and February.
Chairman Jerome Powell keeps midyear interest rate cut in play, could support move if rising prices slow down.
Despite recent bumpy inflation readings, consumers feel price increases will continue to fall in the year ahead.
"The story is really essentially the same of inflation coming down gradually to 2% on a sometimes bumpy path," Powell said. He added the Fed also would not “ignore” the worrisome numbers as it weighs ...
Fed Chair Jerome Powell said Wednesday the Fed's path to bringing inflation down, while bumpy, is not in doubt.
Here’s a look at the dot plot, which shows each Fed official’s forecasts for the path of interest rates. These are updated ...
A committee of Federal Reserve officials voted Wednesday to keep interest rates at a 22-year high after unexpectedly high job ...
Stocks rose as the Fed is likely to be more sensitive to economic softness than inflation. Odds of recession have fallen as ...
A committee of Federal Reserve officials voted Wednesday to keep interest rates at a 22-year high after unexpectedly high job ...
Federal Reserve officials signaled that they still expect to cut their key interest rate three times in 2024 despite signs ...
The S&P topped 5,200 for the first time Wednesday after the Federal Reserve said it was still targeting three rate cuts in ...