President Trump pledged to lower costs on “Day 1” as a candidate. His administration now acknowledges it will take more time.
Major stock markets in the Gulf were subdued in early trade on Wednesday as investors remained cautious given the uncertainty ...
Inflation likely remained stubborn last month based on economists’ estimates, backing the Federal Reserve’s patient approach ...
Play the USA TODAY Daily Crossword Puzzle ... signaling that inflation was coming under control. The annual inflation rate ...
Investors are braced for more Trump tariffs as focus turns to inflation and Fed Chair Jerome Powell's Senate testimony.
Consumer spending increased a robust 4.2% at an annual rate following a 3.7% rise in the third quarter. Consumption makes up ...
Powell warned that quicker rate cuts could potentially reignite inflation, while a prolonged pause could destabilize the ...
An inflation gauge closely watched by the Federal Reserve rose slightly last month, the latest sign that some consumer prices remain stubbornly elevated, even as inflation is cooling in fits and start ...
US economists are looking for monthly headline CPI at 0.31%, which would keep the year-on-year rate at 2.9%. Core CPI is ...