Inflation rose two-tenths of a percentage point to 2.6% for the year ending in December, the Bureau of Labor Statistics reported Friday in an update to the personal consumption expenditures index, the ...
U.S. inflation increased by the most in eight months in December amid robust consumer spending on goods and services, ...
Tedeschi's chart shows that when taken literally, Trump's campaign proposals could increase the average effective tariff rate ...
The central bank needs to see further progress on inflation or weakness in the labor market to resume interest rate cuts.
“The Fed’s prognosis is for a slower pace of monetary easing moving forward, as the economy is doing well and prices are only slowly returning to target in an environment of great uncertainty,” said ...
A spike in energy prices helped to lift the headline PCE price index in December. The combined cost of gasoline, electricity, and other energy goods and services jumped 2.7% durin ...
On Wednesday, the Fed left interest rates unchanged and indicated in a statement that inflation was “somewhat elevated.” In response, President Donald Trump said the Fed had f ...
An inflation gauge closely watched by the Federal Reserve rose slightly last month, the latest sign that some consumer prices remain stubbornly elevated, even as inflation is cooling in fits and start ...
Finance Minister Nirmala Sitharaman today (31 January) tabled the Economic Survey 2024-2025 in Parliament. The annual ...
The S&P 500 ( ^GSPC) gained 0.5%, while the Dow Jones Industrial Average ( ^DJI) rose nearly 0.4%. The tech-heavy Nasdaq ...
Explore why the USD/INR exchange rate has jumped to a record high and what to expect later this year as the RBI starts ...
The European Central Bank is cutting its key interest rate, a step to boost an economy that’s struggling to grow as consumers ...