The central bank needs to see further progress on inflation or weakness in the labor market to resume interest rate cuts.
Home prices across the country are still rising at a faster clip than overall inflation, causing sticker shock for house ...
The producer price index was expected to increase 0.3% in January, according to the Dow Jones consensus forecast.
The Labor Department on Wednesday released the consumer price index for January, which showed that inflation remained elevated in as the Federal Reserve considers a continued pause on rate cuts.
Federal Reserve Chair Jerome Powell will tell the Senate banking committee the Fed isn't "in a hurry" to resume its interest ...
4.8%. That’s how much the U.S.’ weighted average tariff rate would be if Trump implemented the country-level strategy, ...
Why did the Fed vigorously backpedal on further rate cuts and pivot to "wait and see"? Long-term interest rates matter. Read ...
Economists were already scaling back predictions of multiple Federal Reserve interest rate cuts this year after data ...