Inflation is proving stickier than expected, which could cause Fed to hit pause button on more interest rate cuts.
With CPI inflation running at 2.9% Y/Y in December, the Federal Open Market Committee shouldn’t be considering another rate cut for a while, according to a former member of the FOMC. In terms of the ...
Disinflation in key areas of consumer prices should help the Federal Reserve stick to its policy path of gradual cuts to ...
The better-than-expected data sent the blue-chip Dow Jones Industrial Average surging more than 700 points, or 1.7%, as ...
Line graph showing various measures of inflation and the Federal Reserve's policy rate of interest. The latest Consumer Price Index report showed inflation rising slightly in December but was ...
Op-ed views and opinions expressed are solely those of the author. The Bureau of Labor Statistics just released the monthly increase in the Consumer Price Index for […] ...
US consumer prices rose in December by less than forecast, a welcome stepdown that helped arrest a deep selloff in bond ...
Many economists have felt relief over continued GDP growth. But ongoing data releases suggest that the foundation of the ...