Inflation is proving stickier than expected, which could cause Fed to hit pause button on more interest rate cuts.
The Federal Reserve expressed concern that inflation has not eased enough for it to continue lowering interest rates.
The Federal Reserve left interest rates unchanged Wednesday as it began a new wait-and-see policy stance amid a cloudy ...
President Trump campaigned on the promise to bring down the U.S. cost of living. That could be easier said than done.
The Federal Reserve will hold its first policy meeting of the year on Jan. 28 and 29, where it is widely expected to keep ...
Consumer inflation increased 2.9% in 2024, which is above the Federal Reserve's goal of 2%, but wages overall more than kept ...
Recently, progress on inflation appeared to be stuck or, at worst, reversing: A closely watched gauge of underlying price hikes — an index that excludes highly volatile categories — hadn’t budged for ...
The president last week inserted himself into the debate over interest rates ahead of the central bank’s meeting this week.
The Federal paused rate cuts after its first meeting of the year — here’s what that means for your credit card, mortgage rate ...
Fears of elevated interest rates dampened the mood on Wall Street at the start of this year–but cooling core inflation and ...