Fed Chair Jerome Powell said it "may take longer than expected" for high interest rates to bring down inflation. He repeated ...
Federal Reserve Bank of New York President John Williams welcomed the arrival of softer consumer inflation data, he told ...
The spot price of gold rose Tuesday as a report showed wholesale inflation rose more than expected in April and Federal ...
Federal Reserve Chair Jerome Powell said Tuesday that the central bank is unlikely to raise its key interest rate in response ...
A day after a key inflation indicator showed a slower increase, New York Federal Reserve President John Williams said the new ...
Inflation is cooling just in time for a US presidential election that will likely focus heavily on the economy.
Inflation pressures eased in April, but the progress was likely not enough to push the Federal Reserve to cut interest rates ...
The Fed chief said he expected inflation to continue heading lower but that he was less confident than he had previously been ...
Powell made his comments just hours after the Bureau of Labor Statistics released data showing that wholesale prices rose ...
Data this week offered the U.S. Federal Reserve good news on two fronts but policymakers haven't openly shifted views yet about the timing of rate cuts investors are convinced will start this year.
In April, inflationary pressures showed signs of easing, with the Consumer Price Index (CPI) on a "core" basis rising 3.6% year over year, in line with expectations. This marked a cooling from the 3.8 ...
The day before the Bureau of Labor Statistics posted slowing April 2024 inflation in the U.S. Fed Chair Jerome Powell ...