US consumer inflation continued to heat up last month, but by less than expected, according to official data published Friday, nine days late because of the ongoing government shutdown. However, the ...
Federal Reserve Bank of Cleveland President Beth Hammack said inflation that could stay above target until 2028 is a concern for her as she argues against interest-rate cuts. Speaking in an interview ...
The dollar index (DXY00) today is down by -0.31%. The dollar is under pressure after today's report on the August core PCE price index, the Fed's preferred gauge of inflation, came in right on ...