The central bank needs to see further progress on inflation or weakness in the labor market to resume interest rate cuts.
An inflation gauge closely watched by the Federal Reserve rose slightly last month, the latest sign that some consumer prices ...
A spike in energy prices helped to lift the headline PCE price index in December. The combined cost of gasoline, electricity, ...
Chicago Federal Reserve Bank President Austan Goolsbee said Friday's inflation data was a bit better than expected and helps ...
The Treasury Department has also eliminated the option of buying as much as $5,000 in extra inflation bonds, beyond the ...
WASHINGTON (Reuters) - Federal Reserve governor Michelle Bowman said she still expects declining inflation to allow further ...
Federal Reserve Governor Michelle Bowman said she wants to see additional progress on inflation before the central bank ...
The measure of price increases targeted by the Fed sped up in December, reflecting a stubborn spell of inflation that remains ...
Consumer spending, which accounts for more than two-thirds of U.S. economic activity, jumped 0.7% in December after an ...
Even as economies shift after several years of aggressive salary growth combined with talent shortages, salary increases ...