Investors see Wednesday’s Consumer Price Index report as a pivotal report card on inflation and the Federal Reserve’s next move.
Fed
Jerome Powell said that strong economic growth gives Federal Reserve officials room to be patient, and he emphasized the institution’s…
The Fed’s preferred inflation gauge was relatively stable on an annual basis, the latest reminder that bringing inflation down is…
The central bank is not expected to change interest rates, but its economic projections will be in focus.
Inflation had been moderating steadily, but it is now hovering around 3 percent. Will lowering it fully to normal levels…
The Federal Reserve’s preferred inflation measure continued to cool on an annual basis, even as a key monthly gauge nudged…
Overall prices cooled slightly from a year ago, but the report included worrying signs for the Federal Reserve.
The Federal Reserve is poised to cut rates in 2024 while moving away from balance sheet shrinking. Yet a key…
Central bankers wanted to signal that interest rates were likely at or near their peak while keeping their options open,…
A key inflation index has been cooling as prices rise less rapidly, good news for policymakers and consumers.