Inflation slowed through much of last year – falling as low as 2.4% from a 40-year high of 9.1% in mid-2022 – but it has remained stubbornly high since fall. The cost of services such as car insurance ...
Eggs and housing costs contributed to accelerating inflation in January, which indicates it'll be a while until the next rate ...
The higher than expected inflation number for January came during during Fed chairman Jerome Powell's semiannual testimony before Congress.
Wages have risen fast enough to overcome inflation in recent years. Even so, consumers are still vibing economic ennui.
January's Consumer Price Index shows a significant increase, with economists concerned about future price hikes.
Uncertainty remains in the markets regarding how tariffs will impact global growth and inflation. The Dow Jones fell around ...
When inflation rises, interest rates usually follow as the Federal Reserve tightens monetary policy to control the rise in ...
Russian Central Bank Governor Elvira Nabiullina addressed a news conference on Friday after the central bank kept its key ...
Federal Reserve Chair Jerome Powell told lawmakers on Tuesday the argument for free trade still makes sense but added that it was not the role of the central bank to comment on tariff or trade policy ...
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Bank of America CEO Brian Moynihan said Wednesday that strong consumer spending so far this year means the Federal Reserve ...
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