Asset prices, meanwhile, have shrugged off all indication that the Fed’s inflation battle is moving in the wrong direction.
The Federal Reserve’s preferred measure of underlying inflation accelerated in October from a year ago, helping explain ...
Price increases on consumer goods and services moved up last month but most economists believe the Fed will assess a year-end ...
Fed officials had been hoping this fall for a clean downtrend in inflation, allowing them to focus more fully on preventing ...
U.S. consumer spending increased slightly more than expected in October, suggesting the economy retained much of its solid ...
The Commerce Department released data showing that PCE inflation ticked higher in October, though the Federal Reserve's ...
The latest inflation data will likely reinforce the central bank’s cautious approach when it meets to decide on cutting ...
The Federal Reserve’s preferred inflation measure remained above the central bank’s 2% target pace in the year through ...
Inflation has been stubborn in recent months. Now, President-elect Donald J. Trump’s tariffs loom as a potential risk.
Some Federal Reserve officials said at a policy meeting this month that the central bank may hit its 2% inflation target ...
A stock-market rally boosted by President-elect Donald Trump’s victory is set to put upward pressure on the Federal Reserve’s ...
That is nearly back to the Federal Reserve’s 2 percent inflation goal — good news for both the Fed and the White House. It is also slower than the previous reading, which stood at 2.3 percent.