Central bankers were widely expected to leave borrowing costs at a level between 5.25 and 5.5 percent, the highest in 23 ...
Inflation remained stubbornly high last month, but it hasn’t stopped Americans from spending. The Personal Consumption Expenditures price index — a closely watched inflation gauge favored by ...
WASHINGTON — A measure of inflation closely tracked by the Federal Reserve remained uncomfortably high in March, likely reinforcing the Fed’s reluctance to cut interest rates anytime soon and ...
"The hot inflation readings through March should write off any rate cuts in the first half of 2024," said Nationwide Senior ...
Inflation may have tumbled from multi-decade highs on both sides of the Atlantic, but progress has stalled in the United ...
A measure of inflation closely tracked by the Federal Reserve remained uncomfortably high in March, likely reinforcing the ...
Fed's Preferred Inflation Gauge Shows Price Pressures Stayed Elevated Last Month WASHINGTON (AP) — A measure of inflation closely tracked by the Federal Reserve remained uncomfortably high in ...
Measured from a year earlier, prices were up 2.7% in March, up from a 2.5% annual rise in February. After peaking at 7.1% in 2022, the Fed’s favored inflation index steadily cooled for most of 2023.
WASHINGTON (AP) — A measure of inflation closely tracked by the Federal Reserve remained uncomfortably high in March, likely reinforcing the Fed’s reluctance to cut interest rates anytime soon ...