January inflation ran hot, and the odds of Fed interest rate cuts fell as Consumer Price Index total CPI inflation ...
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 ...
Inflation accelerated in January, with the consumer price index rising 3% year over year, above economists' expectations.
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Consumers now expect the inflation rate to rise to 4.3%, up from 3.3% the previous month, making for two consecutive months of “uncharacteristically high jumps” in short-term inflation ...
Inflation is currently the Fed’s top concern. December year-on-year consumer inflation rates were elevated, with total CPI at 2.9%, core CPI at 3.2%, total Personal Consumption Expenditures ...
The Treasury Department ended its tax-time savings bond program, which was the last way to buy the paper version of I bonds, ...
Freddie Mac’s weekly rate survey shows the average rate on a 30-year fixed-rate loan was 6.87% for the week ending February ...
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NEW YORK, Feb 10 (Reuters) - The U.S. public’s near-term inflation expectations were largely stable in January, a Federal Reserve Bank of New York report found, as respondents to the survey also ...
Retired-worker benefits can hit a psychologically important level next year, but seniors are still likely to get the short ...