Inflation dropped slightly in January but consumer spending, the primary driver of the U.S. economy, also saw its biggest decline in four years.
Inflation rose 2.5% over the year in January compared to 2.6% in December, marking the first decrease in four months.
The Federal Reserve’s key measure of inflation cooled slightly in January, giving investors a glimmer of hope for interest rate cuts.
The latest reading of the Federal Reserve's preferred inflation gauge showed prices rose on a monthly basis but dropped year ...
John Williams, the president of the Federal Reserve Bank of New York, also spoke about the gold vault underneath the building ...
Their policies work only if the public believes in them. That trust was recently tarnished by the inflation crisis, when people in many countries felt as if they went to bed with a tooth under their ...
Bitcoin surged to over $105,000 on Jan. 30, 2025, hours after the Federal Reserve announced that it would keep interest rates ...
Bitcoin and cryptocurrency prices have found a temporary floor following a steep sell-off though analysts have said bitcoin ...
The US Federal Reserve has begun a process with vast implications for the global economy: rethinking the framework by which ...
Richmond Fed president Tom Barkin said Tuesday that he wants to keep interest rates 'modestly restrictive' until he gains more confidence inflation is returning to the central bank’s 2% goal, warning ...
Op-ed views and opinions expressed are solely those of the author. The latest data released by the Bureau of Labor Statistics shows that in January the annual […] ...
Yes, inflation has hammered households since 2021 and it has been horrific. The CPI ended January 23.4% above December 2019, ...