Inflation proved stubborn in 2024, a trend that probably extended into the new year and could complicate President Donald ...
President Trump pledged to lower costs on “Day 1” as a candidate. His administration now acknowledges it will take more time.
Investors and traders were bracing for Wednesday’s consumer-price index report for January to mostly reflect either little ...
Federal Reserve Bank of Cleveland President Beth Hammack said on Tuesday the need to get inflation back to target will keep monetary policy on pause for now.
After three cuts at the end of last year, Federal Reserve officials paused rate moves as they weigh a solid economy and ...
Market-based expectations of future inflation remained higher as of Tuesday morning as Federal Reserve Chair Jerome Powell, in testimony before Congress, responded to a question about the possible ...
Even with this outlook, I continue to see upside risks to inflation," Bowman said in comments to a group of New England business executives. "I would prefer that future adjustments to the policy ...
And the long-run expectations are not changing. I believe that we are going to get back to 2%." The 10-year breakeven inflation rate, for example, stood at 2.42% as of Thursday, near its highest ...
After that inflation report was released, mortgage rates began to tick back up, climbing from an average ... rates to mitigate potential declines in future value. Lender decisions aren't the ...