US inflation is lingering and tariffs threatened by Trump could nudge prices in wrong direction
An inflation gauge closely watched by the Federal Reserve rose slightly last month, while some underlying prices pressures ...
2 charts show why markets are skittish about Trump's tariff policy
Tedeschi's chart shows that when taken literally, Trump's campaign proposals could increase the average effective tariff rate ...
Inflation finishes 2024 well above Fed's 2% target, PCE shows. Rate cuts on hold.
Fed Chair Jerome Powell said earlier this week he expects inflation to turn lower again, but he did not say when he expected it to happen. The most recent Fed forecast shows PCE inflation ending 2025 ...
Wages and benefits for American workers accelerate slightly in fourth quarter
The numbers: Wages and benefits for American workers accelerated in the fourth quarter. The employment-cost index (ECI) increased 0.9% from October to December, the government said Friday. That's up ...
Gold prices climb to record high, UAE rates rise
Gold hit a record high, with investors flocking to safe havens after US President Donald Trump reiterated threats to impose ...
The Fed’s Preferred Inflation Measure Ticked Up Slightly in December
The central bank needs to see further progress on inflation or weakness in the labor market to resume interest rate cuts.
Fed's preferred inflation gauge meets expectations in December
The latest reading on the Fed's preferred inflation gauge comes just two days after the central bank paused its interest rate cutting cycle.
The Fed’s go-to inflation gauge heated up again
The Federal Reserve’s preferred inflation gauge moved even higher in December, driven in part by rising food and energy prices. However, a closely watched measurement of underlying inflation trends ...
Battle Lines For Fed Independence Are Being Drawn As FOMC Pauses Interest Rate Cuts
Stay informed on the latest FOMC decisions, interest rates, and economic updates in the financial world with expert analysis ...