The Fed might raise its target interest rate to curb inflation during times of ... according to the St. Louis Fed’s 3-month historical CD rates chart. While rates were high in the 1980s, ...
U.S. consumer prices increased moderately in February as higher shelter costs were partially offset by cheaper airline fares, ...
"We inherited from the last administration an economic catastrophe and an inflation nightmare," U.S. President Donald Trump ...
The January reading is up from 2.9% in December. It marks the fourth consecutive month of increases in the annual inflation rate, when it was at 2.4% in September. "It feels like everything that ...
Since Mr Trump’s election, that figure has surged by 1.7 percentage points—the joint-largest three-month rise since 1979, ...
Recent sticky inflation data backs the Federal Reserve's decision last month to hit the brakes on additional rate cuts, economists say. On Feb. 11, Fed Chair Jerome Powell told the Senate Banking ...
Cooler inflation last month leaves the door open for the Federal Reserve to resume cutting interest rates by mid-year, but the central bank remains worried that U.S. tariff hikes could rekindle price ...
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