Chair Jerome Powell says the Federal Reserve will likely cut its key interest rate slowly and deliberately in the coming ...
Economists expect prices to have risen 2.6% over the year ending in October. That figure would mark a slight uptick from the ...
October's Consumer Price Index (CPI), which measures changes in the cost of consumer goods and services, showed that annual ...
October inflation readings out this week have shown little progress toward the Fed's 2% inflation target, putting into ...
The report appears to keep the Federal Reserve on track for a December rate cut. Minneapolis Fed president Neel Kashkari told ...
The Labor Department on Wednesday reported that consumer prices in October rose 2.6% from a year earlier. That marks a pickup ...
A strong economy is giving Federal Reserve officials room to move “carefully” as they lower interest rates, the central bank ...
The central bank’s inflation fighters have been satisfied enough with the improvement to cut their benchmark interest rate ...
But the pace of rate cuts “is not preset,” Powell said at a Dallas Fed event, adding that “the economy is not sending any ...
Americans' credit card debt has hit a record high, the Federal Reserve of New York said in a report released this week.
When the Federal Reserve lowered its benchmark interest rate by half a percentage point in September, it wasn't a ...