The central bank needs to see further progress on inflation or weakness in the labor market to resume interest rate cuts.
Chicago Federal Reserve President Austan Goolsbee said inflation data released on Friday was a bit better than expected and ...
A spike in energy prices helped to lift the headline PCE price index in December. The combined cost of gasoline, electricity, ...
Federal Reserve Governor Michelle Bowman said she wants to see additional progress on inflation before the central bank ...
U.S. prices increased in December while consumer spending surged, suggesting that the Federal Reserve could delay cutting ...
The price gauge used by the Federal Reserve to help set U.S. interest rates accelerated in December, pushing the bank further ...
The Federal Reserve's preferred inflation gauge, known as the personal consumption expenditures index, rose in December in ...
Fresh tariffs amid high inflation are making the Fed’s job uniquely difficult and feeding uncertainty about what to expect ...
The Federal Reserve kept its key interest rate unchanged as officials grappled with uncertainty caused by inflation and ...
The Federal Reserve opted to leave its benchmark interest rate unchanged in its first policy meeting since President Trump's ...