The Federal Reserve expressed concern that inflation has not eased enough for it to continue lowering interest rates.
Inflation is proving stickier than expected, which could cause Fed to hit pause button on more interest rate cuts.
The Federal Reserve left interest rates unchanged Wednesday, amid a cloudy economic outlook and concerns that some of ...
The Consumer Price Index rose 2.9 percent from a year earlier, but a measure of underlying inflation was more encouraging.
Knowing when to switch bank accounts can be stressful, especially as inflation rises. Find out how to know it's time to ...
Entering 2025, models from forecasting companies like Trading Economics anticipate inflation rates between 2.4% and 2.9% ...
The consumer price index ... complicating the Federal Reserve’s efforts to manage the situation. Sticky inflation refers to price increases for certain goods and services, such as insurance ...
Fears of elevated interest rates dampened the mood on Wall Street at the start of this year–but cooling core inflation and ...